Telefónica, through Movistar, has acquired DirecTV in Colombia in an operation subject to approval by the competition authorities in the country. The service currently has 200,000 subscribers. The CEO of Telefónica in Colombia, Fabián Hernández, said that the acquisition “will allow us to consolidate our presence in the market and strengthen our position with a […]

The Spanish Court Audiencia Nacional has refused appeals from a group of telcos – Vodafone, Orange, Euskaltel, R and Telecable, among others – and TV company Mediapro regarding the acquisition by Telefónica of Canal+ which was authorised by the regulator CNMC in April 2015. The ruling states that the conditions imposed by the CNMC on […]

Following a provisional clearance in April 2021, the UK’s Competition and Markets Authority (CMA) is now allowing the proposed merger of Virgin Media and Virgin Mobile with O2 to go ahead. Both Virgin and O2 sell wholesale services to a number of mobile operators in the UK. Virgin supplies wholesale leased lines to mobile operators […]

Vodafone shares fell as much as 8.3 per cent after CEO Nick Read’s strategy showed higher capital expenditure on network investments will hit free cash flow. Vodafone said it can increase margins in the medium-term and guided for adjusted earnings before interest, tax, depreciation and amortisation after leases between €15 billion and €15.4 billion in […]

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 […]