CMI acquires 40pc of Telefonica assets in Central America in $500-million deal
MADRID | Telefónica to keep control of operations in El Salvador, Guatemala, Nicaragua, and Panama, which will be merged into a joint venture.
Telefónica
Telefonica to open its largest data centre in Madrid
MADRID | The new centre will operate as Telefónica’s cloud services base for Europe and will house platforms for customers in Spain, the United Kingdom, Germany and the Czech Republic.
Telefónica’s chairman challenges tax strategy of Apple and Google
MADRID/BARCELONA | Telefónica’s Executive Chairman and Chief Executive Officer César Alierta unburies the hatchet against the two giants, which in his opinion are abusing their power against customers’ interest.
How Telefónica cuts financial risks
MADRID | Telefonica basically focused on cutting down its risks by introducing extraordinary measures like asset sales and dividend cancellation. But indebtedness rates have fallen.
Telefónica becomes controlling stakeholder in Brazil’s largest e-health provider
MADRID | The acquisition makes Telefónica the first telecoms Group in Latin America to deliver end to end services in the e-health market.
Telefonica’s Julio Linares: “Spain has regained 50pc of productivity”
MADRID | By revistaconsejeros.com | “Which positive signs? Well, for instance, in 2009 and 2011 our exports grew a 36% what constitutes a biggest percentage than that of Germany, Italy or France.”
Telefónica rekindles Bluevia with Telenor’s app platform
The operator groups Telefónica and Telenor, which have a combined reach of more than 400 million customers, have banded together in an attempt to seize control of mobile app payments.
Telefónica Ventures starts investing in Spain joined by La Caixa
MADRID | Telefónica Ventures and Caixa Capital TIC, a specialised digital technology fund of La Caixa, announced Tuesday its first investment. The joint platform will inject €3 million in addFleet, a company specialised in intelligent systems for transportation. The investment in addFleet is the first by Telefónica Ventures in Spain after having completed similar operations in other international technology companies such as Quantenna, Joyent and Boku. Telefónica and La Caixa said the plan is to promote the…
Samsung joins Telefonica in hunt for multinational customers
MADRID | Telefonica Global Solutions and Samsung begin Wednesday a partnership agreement to support enhanced end to end service delivery to multinational customers globally. The agreement, the Spanish company said, leverages the core competences and leading market positions of both Telefonica, in global digital and communication services and Samsung, in electronics and cutting edge technology, to bring to the multinational market a differential partnership designed to deliver innovative new services. The agreement sets how Telefonica and Samsung will from today…
Telefónica’s dividend back to orthodoxy
MADRID | There will be no dividend from Telefónica over the next fifteen months. The decision is not surprising but consistent with the situation. Yet, it has a devastating effect on many investors the company had promised to pay 77 cents in December as a second dividend in the year, and again in May. The company will now retain its full profits within the 2012 balance sheet (€4-€5 billion) to reduce…