The fourth largest telco operator in Spain, MásMóvil, is now controlled with a 99.32 per cent by Funds KKR, Cinven and Providence, through Lorca Bidco – and has been removed from the Stock Market after eight years of operation. Speculation is increasingly mounting about a possible merger with Vodafone to become the second largest telco […]
In the first nine months of the year, Orange Spain saw its revenues fall by 5 per cent to €3.7 billion with residential revenues even declining more with a cut of 6.5 per cent. The ongoing pandemic, along with the tough commercial battle in the market and the entry of new low-cost companies, has brought […]
The UK’s Competition and Markets Authority (CMA) has made a request to the European Commission to refer the proposed merger of Virgin Media and Virgin Mobile with O2 to the CMA for investigation. Liberty Global plc (Liberty) owns Virgin Media and Virgin Mobile in the UK, and Telefónica S.A. (Telefónica) owns O2. Liberty and Telefónica […]
Telefónica is increasing penetration in the pay-TV market in Latin America with its Movistar Play streaming platform, the third most widely watched service on the continent (excluding Brazil) after Claro Streaming and DirecTV. According to El Economista, Movistar Play is leading pay-TV in Peru with a share of 62 per cent and 1.6 million subscribers […]
Nokia is set to support Telefónica in its efforts to deploy 5G services to 75 per cent of the Spanish population by the end of the year. The move will mean that Nokia will continue its long-standing partnership with Telefónica as the only vendor to supply 5G radio technology to all of its 5G operations […]
Telefónica, along with Intel and Aviwest, is preparing to launch a 5G trial for the transmission of live TV programming, with 5G replacing the traditional mobile TV units. This will be one of the eight 5G projects to be implemented by the operator in Spain, financed with €40 million from the public entity Red.es. The […]
Movistar has been ordered to continue sharing its premium TV channels with other operators for an additional three years following the CNMC’s decision to extend the period. The conditions were initially imposed five years ago, allowing Telefónica and Canal Plus to add the channels to their own pay-TV offerings. Channels with exclusive content or premium […]
Telefónica and Atresmedia have appointed Ignacio Corrales as Managing Director of Buendía Estudios. The new company, 50 per cent owned by both companies, aims to create and produce audiovisual content in Spanish worldwide. “The birth of Buendía Estudios is very good news for the Spanish audiovisual sector and highlights a strong production industry in our […]
Spain’s largest pay TV operator Movistar has launched Picture in Picture (PIP) functionality to allow UHD STB-equipped fibre optic subscribers to watch two channels at the same time on the same screen. The PIP functionality enables users to watch one channel on full screen and a second channel on a small window in the upper […]
Telefónica (Movistar+) has reached a major agreement with UEFA for the broadcasting of the UEFA Champions League and the UEFA Europa League until the 2023/2024 season. The top European football club competitions will continue to be part of La Casa del Fútbol in this new cycle. It is assumed the competition will go ahead as […]