Telefónica


pallete alierta

O2 sale, LatAm weakness are challenges for new Telefonica chairman

If Telefonica approves the choice of  current CEO José María Álvarez-Pallete to replace Cesar Alierta as Chairman, he will be the first Executive Chairman not to be appointed by the Spanish government. Alvarez-Pallete will face two main challenges: securing European Commission approval for the sale of O2 and dealing with the weakness of the LatAm economies, particularly Brazil.


alierta

César Alierta Ends His Tenure As Executive Chairman Of Telefónica

Telefónica’s Board of Directors will consider the appointment of José María Álvarez-Pallete as the company’s new Executive Chairman at its next meeting on April 8th. The proposal has been made by current Chief Executive César  Alierta, who believes Álvarez-Pallete is the best prepared executive to face the challenges of the digital revolution.



Telefonica

Three-O2 Merger: Ofcom Makes Things Difficult For Telefonica

French telecoms operator Orange got the green light from the regulatory authorities to sell its 50% stake in Everything Everywhere (EE) to British Telecom (BT). But it seems UK regulator Ofcom is now prepared to use all the means at its disposal to block the merger between Three and O2 UK (Hutchison-Telefonica).


movistar

Telefónica, Hutchison Wait 1 Year For Europe Ruling On 02-H3G

It has been 1 year since Telefonica closed a deal to merge O2 (Movistar) with Three, the UK subsidiary of Hong Kong-based Hutchison Whampoa. And the two protagonists are still waiting for the UK and EU regulatory authorities to give the operation the green light.


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The toxic effect of Abengoa: markets worry about Spain’s companies

The global economy in general, and the Spanish economy in particular, are experiencing turbulent times. China, the emerging markets, raw materials, the weak recovery, inflation or exchange rates are entangled with the domestic problems of each individual country. In Spain, these are focused on a political map with a lot of question marks and a worrying level of private debt, which Abengoa’s crisis has accentuated.


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Telefonica’s good numbers don’t convince the market

Fernando Barciela |At first sight, Telefonica’s third quarter and nine months to September results couldn’t be better. Between January and September, the company posted a 12% rise in consolidated revenues to 35.4 billion euros. Net income increased by a spectacular 69.6% to 46 billion euros in the same period.



Telefonica

Telefonica: A shift towards added value

MADRID | May 19, 2015 | By Fernando G. Urbaneja | Telefonica’s first quarter results show a company which has reorganised over the last year, consolidating positions in its core markets of Europe and Latin America, where three benchmark countries Spain, Brazil and Germany account for two thirds of group income. It has a somewhat uneven presence in another 8 American countries, ranging from Mexico (4% of the business, without being market leader) to Argentina (9% of the business and market leadership).