Telefonica deepens UK presence with London office
24 Articles
24 Articles
This operation will be the first step in consolidating alternative suppliers in the UK
At the operational level, Telefónica's president announced an integral transformation of the company.
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 UK subsidiary, Virgin Media O2, preparing to purchase Netomnia network for €2.3 billion
The Corner Bankinter | For the purchase, VMO2, 50% owned by Telefónica, has created a fibre joint venture, Nexfibre, with InfraVia Capital. With three million households, Netomnia is the fourth largest broadband network in the United Kingdom. The combined network will cover eight million households with fibre and give VMO2 access to some 20 million installations, compared to the 30 million households covered by BT’s fibre subsidiary, Openreach (…
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…
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