Liberty Global, the multinational telco, has announced its Q2 2021 financial results. The company posted a quarterly revenue of $3.1 billion (€2.6bn) – an increase of 14.1 per cent year-on-year on a reported basis, and 3.4 per cent on a rebased basis. Despite the rises in revenues and profits, Liberty Global’s overall subscriber growth slowed […]

Telefónica has posted a record net income of €7.7 billion in the second quarter of 2021. The Spanish multinational telco says this “historic figure” is the result of capital gains on the merger of O2 and Virgin Media in the UK and on the sale of the Telxius tower business. Both transactions are two of […]

Just days after the allocation of the 5G licences on the 700 Mhz band, Telefónica has carried out the first 5G live TV transmissions in Spain, along with the Regional TV stations TVG in Galicia and CLMTV in Castilla La Mancha. During the news programme Telexornal Mediodia, Telefónica made a 5G conection with a TVG […]

Telefónica, Vodafone and Orange will pay €1.01 billion for the 700 MHz-based 5G licences following the completed public auction, with a 1.5 per cent price rise from the €995 million starting price. Teléfonica will pay up to €310 million for a block of 2 x 10 Mhz frequencies and has undertaken to deploy it before […]

KKR, a global investment firm, has announced an agreement with Telefónica Colombia, a subsidiary of Spanish telecom group Telefónica, to establish Colombia’s first independent nationwide open access wholesale digital infrastructure company. The new company will expand availability of ultra-fast fibre optic internet, benefitting more consumers and businesses across Colombia. As part of the agreement, KKR […]

The latest CNMC report corresponding to May reveals that FTTH has surpassed 12 million Spanish homes – a rise of 85,786 households in the last month and 1.4 million annually. By contrast, HFC lost 20,249 lines and ADSL decreased by 52,562. Movistar is the market leader with a 40 per cent share and 4.7 million […]

Reports have emerged that Liberty Global has put its Virgin Media Ireland broadband TV business up for sale. The unit was not included in the recent merger between Liberty Global’s UK Virgin Media multiplay operator and Telefónica’s O2 mobile telco. Liberty Global, is understood to have hired telecoms investment bank LionTree to sound out buyers […]

Harmonic has announced that Telefonica Spain has deployed Harmonic’s VOS 360 cloud streaming platform for reliable, flexible disaster recovery. By replicating Telefonica Spain’s entire infrastructure for its Movistar+ platform in the cloud, the VOS360 platform optimises resources, providing instant scaling of the live 24/7 channels and keeping costs low through usage-based pricing. “Viewers today expect […]

The two largest telco operators in Spain, Movistar and Orange, are negotiating the renewal of their deal to broadcast La Liga and the European football competitions on their platforms – with the latter trying to drive prices down as a result of the pandemic. Movistar, owner of the pay-TV rights until 2022, aims to amortise […]

Telefónica, through Movistar, has acquired DirecTV in Colombia in an operation subject to approval by the competition authorities in the country. The service currently has 200,000 subscribers. The CEO of Telefónica in Colombia, Fabián Hernández, said that the acquisition “will allow us to consolidate our presence in the market and strengthen our position with a […]