Telefonica is retreating from Latin America, selling its 99.3 percent stake in Telefonica del Peru to Integra Tec for under $1 million. The deal highlights the unit’s financial struggles and heavy debts. This move is part of Telefonica’s wider shift toward European and Brazilian markets, reshaping its global strategy.
Siemens is pioneering a unique solution by selling segments of O2 Telefónica’s public 5G network to water utilities in Germany. By leveraging 5G network slicing, Siemens aims to enhance connectivity for geographically dispersed operations. This strategic move promises efficient, secure integration, vital for the sector’s AI-driven automation goals.
Millicom International Cellular is set to acquire Telefonica’s Colombian operations for $400 million, including a 67.5% stake in Coltel. The deal, pending regulatory approval, could reshape Colombia’s telecom market by merging the country’s second and third-largest operators.
O2 Telefónica Germany strengthens its 5G network capabilities by partnering with Amazon Web Services (AWS). This collaboration enhances its standalone 5G core, utilizing AWS Outposts to efficiently handle network-intensive workloads.
O2 Telefónica Germany has extended its partnership with Mavenir, signing a five-year deal to transition its 4G and 5G voice services to Mavenir’s cloud-native IMS platform. This upgrade enhances scalability, supports VoLTE and VoNR, and integrates AI-driven automation.
Telefónica has confirmed the $1.25 billion sale of its Argentina operations to Telecom Argentina, aiming to reduce debt and streamline operations. While Telecom plans to expand broadband and 5G, concerns arise over market dominance, prompting regulatory scrutiny.
Telefónica is integrating its generative AI solution, GenAI, into Prosegur’s operations, enhancing efficiency for 24,000 employees across Spain, Portugal, and Latin America. Building on the Smart Workplace All solution, GenAI offers intelligent assistants, proactive issue resolution, and automation.
Telefónica has selected Nokia to supply 4G and 5G core network services for enterprises in Spain, enhancing low-latency solutions like industrial robots and IoT. Simultaneously, Telefónica is advancing its quantum strategy with the BasQ Alliance, hosting Fujitsu’s Digital Annealer to drive innovation in finance, energy, and telecom.
Telefónica Tech and IBM are joining forces to combat cybersecurity threats from quantum computing. Their partnership aims to develop quantum-safe technologies by integrating IBM’s innovations with Telefónica’s cybersecurity offerings.
Telefónica Tech has introduced a groundbreaking generative AI platform designed for enterprises to create custom virtual assistants. This platform integrates with backend systems and hyperscale cloud services, connecting to large language models.
