Telefónica’s Q1 report boasts solid revenue growth and reaffirms 2023 financial guidance, driven by strong performances in Germany and Brazil. Net debt reduction and robust customer base growth signal financial strength, despite lukewarm market reception.
Telefónica and Qualcomm Technologies, Inc. have established a partnership to improve their positions as market leaders in the future of XR and the Metaverse. Utilizing the Snapdragon Spaces™ XR Developer Platform and Telefónica’s cutting-edge fixed and mobile network infrastructure, the two companies will collaborate on building and expanding the XR ecosystem. The agreement also covers the launching of XR/metaverse goods and services as well as an investigation of collaborative business potential. With the implementation of this agreement, it will be possible to offer consumers brand-new experiences that combine the digital and analog worlds, reimagining communication, entertainment and commerce in the Metaverse. Snapdragon Spaces, a platform from Qualcomm Technologies, enables programmers to maximize wearable AR’s potential through the use of cutting-edge technologies, a cross-device SDK, and an open XR ecosystem. Telefónica sees significant potential in fusing powerful networks, decentralized Web3 and immersive gadgets. Both businesses are attempting to…
Spain’s Telefónica has announced that it will sell a portion of its rural fiber network to a group led by France’s Credit Agricole and Vauban for roughly 1 billion euros. According to a statement released by Telefónica, the financial group and the investment firm will buy a 45 percent stake in Bluevia, a provider of rural fiber, with a total valuation of 2.5 billion euros. Telefónica also stated that it anticipates the deal to be finalized by year’s end, subject to regulatory approvals. Bluevia is a platform for managing and deploying fiber networks in underserved rural parts of Spain in collaboration with networks administered by third-party operators. The transaction takes place less than a month after Telefónica established their dedicated neutral wholesale FTTH provider, which is primarily focused on connecting areas comprising Spain’s lowest population densities. As a neutral wholesaler, Bluevia will establish a fiber network in…
Telefonica has announced their significant commitment to the metaverse, indicating that the company will use MWC22 Barcelona to demonstrate its digital transformation and technological leadership initiatives through an innovative virtual environment. Telefonica said it will utilize the metaverse to demonstrate all of its in-person demos, allowing conference attendees to digitally visit the four physical sites on the exhibition floors. The organization will provide a unique experience based on the quality of the information exhibited and the ongoing and diverse activities by combining real-time and virtual participation. Telefónica will demonstrate its expertise, capabilities and dedication to assisting businesses, governmental agencies and society as a whole in taking advantage of the tremendous opportunities that digitization and connectivity provide. The company will also show what it can do for the community, and the advantages its solutions will deliver in terms of making participants more efficient, sustainable and safe. Telefónica will exhibit…
Lleida.net, a technology services firm, has secured a new deal with the Spanish telecoms giant Telefonica Global Solutions (TGS) to deliver a broad range of SaaS services to TGS customers around the world. Registered SMS, Registered email, and Lleida.net platforms such as Click & Sign and Openum are all part of SaaS services. Under the terms of the agreement, Lleida.net will deliver SaaS services to TGS clients in Argentina, Colombia, Ecuador, Peru, Venezuela, Uruguay, Mexico, Brazil, Guatemala, El Salvador, Panama, Nicaragua, Costa Rica and Chile. Since 2016, Lleida.net has collaborated with Telefonica’s wholesale, roaming and international divisions. Telefónica Global Solutions is the Telefónica business division responsible for providing innovative solutions in digitalization processes. It has over 1,500 clients in 170 countries and 110 points of presence that transport an average of more than 15 billion phone minutes per year while transferring 130 petabytes of roaming data. The Telefónica…
Telefónica Tech and Grupo Álava have announced a collaboration to work on a predictive maintenance solution. This partnership will provide industrial companies with an advanced data platform that will allow them to optimize their operations by anticipating potential faults or defects in machinery through a predictive maintenance plan. The solution will contribute not only to improving the sector’s safety, efficiency and competitiveness, but also to ensuring its long-term viability by eliminating many of the expenses needed for unplanned repairs. The technology will enable industrial organizations to digitize their maintenance procedures through mass wireless and/or conventional sensing of all assets in the manufacturing chain. Simple and widespread sensorization and monitoring of assets in these operations is a critical stage in an industrial organizations’ digital transformation. Sensors connected to Telefónica Tech’s LTE and 5G mobile networks will collect data, which will be saved and analyzed using Industrial Edge Computing…
Telefónica and NEC Corporation announced an agreement to undertake pre-commercial Open Radio Access Network (Open RAN) tests in Telefonica’s four key worldwide markets: Spain, Germany, the United Kingdom and Brazil. This is a step toward Telefonica’s goal of achieving a 50% expansion of their current radio network based on Open RAN by 2025. According to a joint press release, Telefonica will perform open RAN trials in Spain, Germany, the United Kingdom and Brazil, with the objective of offering commercial alternatives to at least 800 locations across the four countries beginning in 2022. Under the terms of the agreement, NEC will serve as the primary system integrator for the implementation and testing of multi-vendor Open RAN solutions with the Telefonica group’s operational businesses. Telefónica and NEC will also cooperate with the newly formed Telefónica Technology and Automation Lab in Madrid to validate and implement cutting-edge Open RAN technologies and…
Spain’s leading telecommunications group, Telefónica, has announced the sale of a controlling stake in its fiber network in Colombia to a global investment company KKR. With the sale of this majority stake, the telecommunications company expects to reduce its debt by $169 million. As part of the agreement, KKR will hold 60% of the shares in the new Colombian fiber company, and Telefónica will retain the remaining 40% and contribute its existing fiber assets in the country. The new company will start operating with a fiber-to-the-home (FTTH) network, covering 1.2 million locations in 50 cities and municipalities and serving 380,000 customers by the end of the first quarter 2022. In three years, their goal is to reach 4.3 million sites in almost 90 cities. The deal between Telefónica and KKR values the new company at $500 million. This entity will be the first independent Colombian open access wholesale…
Telefonica Deutschland has comprehensive plans for a sweeping shut down of its 3G network starting in July, making it the last operator in Germany to phase out legacy technologies in favor of 4G and 5G. Approximately 16,000 3G sites are scheduled to be shut down by the company. The resources that were needed for 3G will now be repurposed for the 4G network by the end of the year. According to the operator, 4G will use the frequencies of current 3G transmitters at 2,100 MHz. This upgrade from 3G to 4G will benefit Telefónica Deutschland’s customers, as well as customers of its other brands, providing a better and faster network. A full upgrade of the first 500 3G sites will begin on July 1st. An additional 1000 sites will be repurposed two weeks later. The regions where the upgrade will begin are Lower Saxony, Saxony-Anhalt, Brandenburg and Mecklenburg-Western…
Telefonica, a Spanish international telecommunications company, has sold its four Data Centers (DCs) to a leading independent investment management company Asterion Industrial Partners in exchange for a 20 percent stake in the Nabiax hosting business. With this deal, Telefonica is forming a strategic partnership with the company’s current shareholder, Asterion and its co-investors, who retain the remaining 80% of the share capital. Two of the properties sold are located in Chile and two are in Spain. The contract includes an agreement for housing services in the four DCs on identical terms and conditions as set out in the previous transaction. The deal does not include the sale of Telefónica’s owned servers, as well as the management and access to their customers hosted on those servers. As a result, Telefónica will continue providing and managing the services it has offered to its customers from these data centers and will support…
