Spain’s premier football league La Liga has concluded the tender for the national market broadcast rights of La Liga Santander in Spain and Andorra for the period between 2022/2023 and 2026/2027. For a total of €4.95 billion over the coming five-season period, Movistar will broadcast a total of five matches per matchday plus three full […]
Wayra, Telefónica’s open innovation hub, has invested in Sceenic, the creator of Watch Together, a software that enables OTT platform users to share video content whilst video chatting with friends and family. With this investment, Sceenic seeks to strengthen its presence in the markets where Telefónica operates in Europe and Latin America and its internal growth and development of […]
The CEOs of 13 major European telcos have issued a joint Statement calling on EU policymakers to align closely Europe’s digital ambitions with a supportive policy and regulatory ecosystem, suggesting that ‘big tech’ platforms also contribute fairly to network costs. The Statement (below) was issued by ETNO, European Telecommunications Network Operators’ Association, which represents Europe’s […]
Vodafone Spain has seen its revenues grow by 2.1 per cent in the first fiscal half of 2021 to €2.09 billion, largely driven by the the sale of phones and devices as revenues per service fell by 0.6 per cent to €1.86 billion. Low cost offers and promotions caused revenues per service to fall and […]
Spain’s largest telco, Telefónica, is set to cut 3,000 workers as part of a job redundancy plan aimed at reducing costs following the drop in revenues due to tough competition in the market. The redundancy plan is scheduled to be ready by the end of the year to negotiate with trade unions, and then implemented […]
Spanish operator Telefónica will invest a total of €2.56 billion in its four largest markets – Spain, Germany, UK and Brazil – to develop 5G and optic fibre networks once the main 5G auctions and awarding have been completed this year. The company has taken three years to complete the award process since the first […]
Spanish operator Telefónica was one of the big winners in the 5G auction in Brazil, being granted with six lots of spectrum to operate across the country. The company will pay €150 million for the spectrum, and will operate several lots of 80MHz in the 350GHz band, keys in the development of 5G, in direct […]
Telefónica, the Spanish telco, has reproted a record net income of €9.33 billion in the first nine months of the year, as a result of capital gains from the closing of the merger between O2 and Virgin Media in the UK and the sale of Telxius towers. Net income from July to September amounted to […]
Spanish telco Telefónica is set to take part in this week’s 5G auction in Brazil, in direct competition with other 14 companies. Telefónica, through Vivo, will bid for national and regional 5G lots in four frequency bands -700 MHz, 2.3 GHz, 3.5GHz and 26Ghz- with an estimated value of over €7.5 billion. Telefónica’s main rivals […]
Spain’s Ministerio de Asuntos Económicos y Transformación Digital (Ministry of Economy) has awarded the country’s largest telco, Telefónica, with €200 million public funds to extend FTTH to all rural areas in the country at a speed of over 100 Mbps. This means Telefónica has taken 80 per cent of the planned €250 million public aid […]