Despite a nine per cent cut in its €10 billion revenues, Telefónica managed to increase its operating profit by 118.3 per cnt to €886 million in the first quarter of the year versus the same period last year. The Spanish telco also reached 25.7 million FTTH connections in the country, up 432,000 year-on-year, and 137.1 […]
Telefónica and Hispasat have entered into an alliance whereby satellite group Hispasat will now be responsible for distributing all TV signals managed by Media Networks Latinoamerica, owned by Telefónica, across the American continent. With the move Telefónica will now focus on the deployment of optic fibre across the region with Hispasat managing the distribution of […]
Having received provisional clearance by the UK’s Competition and Markets Authority (CMA), the proposed merger of Liberty Global-owned Virgin Media and Telefónica-owned O2 will bring together one of the UK’s four nationwide mobile networks and the UK’s only DOCSIS cable broadband network. According to Gary Barton, a Principal Analyst at data and analytics company GlobalData, […]
Telefónica is speeding up its 5G deployment, achieving coverage of 80 per cent of Spain at the end of the first quarter of the year – reaching over 37 million inhabitants and 1,253 municipalities in the country. The company is deploying 5G NSA (Non Stand Alone) and DSS (Dynamic Spectrum Sharing) networks at the present […]
In an unprecedented move, Movistar will make all new subscribers acquire a smartphone from its catalogue if they wish to subscribe to its convergent Fusion packages. The company will launch the new ‘Fusion fees’ week commencing April 12th with a €3 monthly rise on average and the obligation for new subscribers to buy a smartphone […]
Although the planned merger combining Virgin Media and O2 is still subject to approval by the Competition and Markets Authority (CMA) in the UK, Liberty Global and Telefónica have announced their intention to appoint Lutz Schüler as Chief Executive Officer and Patricia Cobian as Chief Financial Officer of the proposed 50-50 joint venture. Schüler joined […]
Spain’s Telefonica has allied with the Canadian Fund Caisse de Depot et placement du Québec (CDPQ) to set up FiBrasil, an optic fibre giant that wull deploy and operate a FTTH network in Brazil, with access to all telco operators in the country. Both partners will hold a 50 per cent stake in the new […]
MásMóvil, the four largest telco in Spain, claims to be the leading the deployment of FTTH in the country, now covering over 26 million homes – a milestone achieved in just five years, since the end of 2015 when it had 720,000 homes. Out of the total 14 million, 55 per cent are on its […]
Liberty Global CEO Mike Fries has revealed during an analyst call that pursuing mobile deals in Europe was “high on our list” of priorities. Liberty already has about one million cable and 120,000 mobile subscribers in Ireland through its Virgin Media unit. In Poland, its UPC Poland operation has about 3.3 million video, internet and […]
The UK’s Competition and Markets Authority (CMA) has outlined its concerns on the proposed merger of Liberty Global’s Virgin Media and Telefónica’s O2. Its focus is on the possible impact of the merger on the supply of wholesale mobile services to MVNOs and other MNOs. The CMA is worried that the combined company could potentially […]