US EditionTelefonica deepens UK presence with London office
21 Articles
21 Articles
The president of Telefónica, Marc Murtra, has announced an ambitious investment plan for 32 billion euros between 2026 and 2028, which combines both operational expenditure (Opex) and investments in assets (Capex) and is part of the company’s new strategic approach to strengthening its competitiveness. “Between 2026 and 2028, we will invest, between Capex and Opex, 32 billion euros. Our business plan involves greater investments than were planne…
The president of the teleco aligns his strategy with the Brussels warnings to prevent Europe from becoming a "digital colony" and urges to reduce the number of operators to regain technological sovereignty vis-à-vis the US and China Voluntary applications to join the ERE of Telefónica exceed the agreed exits with the unions The Draghi report, commissioned by Brussels to the economist and former Italian Prime Minister Mario Dragi, warns that if t…
Telefónica's CEO, Marc Murtra, argued on Monday for the need to build a "stronger, more competitive Telefónica with greater European ambition" to contribute to Europe's technological sovereignty and guarantee access to digital technologies for citizens and businesses. During his address at the "la Caixa" Foundation Chair Conference entitled "A Look at the Future of Telefónica," held at CaixaForum Madrid, he emphasized that Europe needs "technolo…
Telefónica’s new local office: London (keeping UK on a closer rein)
In context: reflecting it’s new hands-on, command-and-control strategy, and the UK’s stature as a Core Four market, the new corporate outpost reports to the top and will support a “more integrated” approach to overseeing the many billions in local investment…
Virgin Media O2 (VMO2), owned by Telefónica and Liberty Global, together with InfraVia Capital, are finalizing the acquisition of Netomnia, the fourth largest broadband network operator in the United Kingdom. According to the British daily ‘Financial Times’, the operation would be valued at around £2 billion, around €2.3 billion. It would be the first major acquisition of the Spanish operator following the presentation of its strategic plan in N…
The Spanish telecom is close to concluding an agreement that would allow Netomnia, which is the fourth broadband operator of the United Kingdom. It is estimated that the operation will have a cost of approximately 2.3 billion euros and, if officially confirmed, would be the first major acquisition of the Telefónica by Marc Murtra. Marc Murtra, president of Telefónica, has repeatedly defended the need for Brussels to flex the mergers with the aim…
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