Coinciding with its 100th anniversary, Telefónica will switch off its ADSL networks in Spain on April 19th. The blackout will affect 440,000 customers who are still using ADSL to access the Internet and Movistar services, according to CNMC. The closure of its copper networks is the next step towards the “new digital world” in the […]
FTTH connections continues to grow in Spain with 101,869 lines added in January 2024, reaching a new total of over 14.9 million, according to the latest stats from CNMC. Year-on-year, FTTH lines increased by 1.1 million versus 400,000 DSL losses. Telefónica controls 35.9 per cent of the Spanish FTTH market. Overall, broadband is dominated by […]
Spanish telco Telefónica has reported a 2023 operating a loss of €892 million as a result of a write-off of its UK business (Virgin Media O2) and the cost of its layoff plan in Spain affecting some 3,400 employees.Telefónica suffered its first annual losses since 2002, although the future trend is pssitive. The company reported […]
Telefónica, the Spanish telco, has acquired five live football pay-TV matches per week, from 2025 to 2027, for a fee of €1.29 billion. Telefónica will pay €250 million for half of the 2024-2025 season and €520 million per season in 2026 and 2027 to broadcast the matches in Spain, and will have the first pick […]
Spanish telco Telefónica has reached an agreement with trade unions over a redundancy plan that will affect 3,411 workers. This is a 33 per cent lower than the initial plan of 5,124 dismissals from its total workforce of 16,000. The redundancy plan will commence on January 9th with most of the exits taking place on […]
Movistar and DAZN have renewed their partnership for another three years with the sports streaming service offering all its content on Telefónica’s platform in SpainMovistar’s subscribers will be able to watch content including Formula 1, Moto GP, WTA circuit, Premier League football, Coppa Italia football, Liga F football and UEFA Women’s Champions League through MiMovistar.La […]
The Spanish state has become a shareholder in Telefónica with the acquisition of a 10 per cent stake in the company with an estimated value of €2 billion via state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI). The move comes three months after the Saudi STC paid €2.1 billion for its stake, 4.9 per […]
Memnon, the content preservation and migration services provider, and broadcast and audiovisual solutions specialist Telefónica Servicios Audiovisuales (TSA) have announced a partnership that will preserve more than 200,000 hours of content from Spanish public television archives. TSA, a Telefónica Group company, is responsible for the project management, infrastructure supply and coordination of the audiovisual archive […]
Spanish telco Telefónica has announced its GPS Plan (Growth, Profitability and Sustainability Plan) for the 2023-2026 period, with the aim of reaching 30 million FTTH homes passed, up from the current 20 million. Overall, the group will have 100 million FTTH passed homes worldwide by that date from the current 70.3 million. In a year, […]
Telefónica Group has launched a takeover bid for its subsidiary in Germany Telefónica Deutschland. The Spanish group wants to acquire a futher 28.19 per cent to take full control at an estimated cost of nearly €2 billion. Telefónica Group currently has a 71.81 per cent stake in Telefónica Deutschland, one of Telefónica’s global crown jewels […]