Spain’s Telefónica has sold its ADSL network to the Australian Fund Macquarie for €200 million as a way to reduce debt and shed an ‘obsolete technology’. The telco group has been deploying optic fibre to replace the former ADSL networks, so far reaching 4.8 million connections versus 1.1 million ADSL. Telefónica plans to fully abandon […]
Spanish media group Mediapro has put its TV rights to Qatar’s Football World Cup 2022 up for public auction targeted at FTA channels. The deadline for bids is February 11th for channels interested in broadcasting the matches, with Mediaset, Atresmedia and RTVE assumed to be among the bidders. The move indicates Mediapro has abandoned its […]
Superna Kalle, President of International Networks for Starz, has announced the promotions of Darren Nielson to Executive Vice President of Distribution and Business Development and Jeff Cooke to Senior Vice President of Programming for International Networks.“These are two well-deserved promotions that recognize Darren and Jeff’s invaluable and integral contributions to the success of Starzplay since […]
Spain’s premier football league La Liga has concluded the tender for the national market broadcast rights of La Liga Santander in Spain and Andorra for the period between 2022/2023 and 2026/2027. For a total of €4.95 billion over the coming five-season period, Movistar will broadcast a total of five matches per matchday plus three full […]
Wayra, Telefónica’s open innovation hub, has invested in Sceenic, the creator of Watch Together, a software that enables OTT platform users to share video content whilst video chatting with friends and family. With this investment, Sceenic seeks to strengthen its presence in the markets where Telefónica operates in Europe and Latin America and its internal growth and development of […]
The CEOs of 13 major European telcos have issued a joint Statement calling on EU policymakers to align closely Europe’s digital ambitions with a supportive policy and regulatory ecosystem, suggesting that ‘big tech’ platforms also contribute fairly to network costs. The Statement (below) was issued by ETNO, European Telecommunications Network Operators’ Association, which represents Europe’s […]
Vodafone Spain has seen its revenues grow by 2.1 per cent in the first fiscal half of 2021 to €2.09 billion, largely driven by the the sale of phones and devices as revenues per service fell by 0.6 per cent to €1.86 billion. Low cost offers and promotions caused revenues per service to fall and […]
Spain’s largest telco, Telefónica, is set to cut 3,000 workers as part of a job redundancy plan aimed at reducing costs following the drop in revenues due to tough competition in the market. The redundancy plan is scheduled to be ready by the end of the year to negotiate with trade unions, and then implemented […]
Spanish operator Telefónica will invest a total of €2.56 billion in its four largest markets – Spain, Germany, UK and Brazil – to develop 5G and optic fibre networks once the main 5G auctions and awarding have been completed this year. The company has taken three years to complete the award process since the first […]
Spanish operator Telefónica was one of the big winners in the 5G auction in Brazil, being granted with six lots of spectrum to operate across the country. The company will pay €150 million for the spectrum, and will operate several lots of 80MHz in the 350GHz band, keys in the development of 5G, in direct […]