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.
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.
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.
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.
Spanish telecom giant Telefonica and Digi have signed a 16-year mobile network agreement effective January 1, 2025. This deal enhances their collaboration, covering National Roaming and RAN sharing services. By leveraging Telefonica’s superior infrastructure, Digi can transition from an MVNO to a full-fledged MNO, ensuring high-quality VoIP services.
Telefónica and Nokia have announced a partnership aimed at leveraging 5G Standalone (SA) capabilities to enhance network APIs, thereby supporting developers in crafting innovative use cases for consumers, enterprises, and industrial sectors. This collaboration will see Telefónica utilizing Nokia’s Network Exposure Function (NEF) to provide developers access to various advanced 5G network features.
Ericsson and Telefónica Germany have announced the extension of their core network partnership. This collaboration, involving Ericsson’s dual-mode 5G Core and cloud infrastructure solutions, currently supports mobile connectivity for 45 million O2 Telefónica subscribers. It spans multiple network generations including 5G Standalone (SA), 5G non-Standalone (NSA), 4G, and 2G.
Telefónica, a leading telecommunications operator, has sealed a fresh agreement with tech giant Google Cloud aimed at turbocharging Telefónica’s journey into cloud adoption and AI-driven innovation. The deal, which extends the strategic collaboration between the two entities for another three years, is poised to usher in a wave of advancements across various fronts.
