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.
Saudi Telecom Group’s strategic move to secure nearly 10% in Telefónica highlights an ambitious international expansion within the telecommunications sector. This acquisition, approved by the Spanish government, enhances STC’s influence as Telefónica’s second-largest shareholder.
Telefonica’s 5G network now covers over 90% of Spain’s population. The expansion, particularly in the 3.5 GHz and 700 MHz bands, ensures widespread, reliable connectivity. This progress not only enhances consumer experiences but also fuels industrial innovation.
O2 Telefonica is breaking new ground in the telecommunications industry by embracing quantum technology. With its pioneering pilot project alongside AWS and Telefonica Tech, O2 Telefonica aims to enhance mobile network performance and establish advanced security standards.
Telefónica’s €550M sale of its Peruvian fiber network to KKR and Entel has stalled, thwarting plans to reduce its €26B debt. Despite regulatory approval, unmet conditions derailed the deal.
Vodafone Spain and Telefonica have launched an ambitious FibreCo project, extending fibre networks to 3.6 million premises. With Telefonica holding a 63% stake and Vodafone 37%, this venture revolutionizes fibre access across the country.
