The Spanish government says it is analysing the acquisition of a 9.9% stake in the incumbent telco Telefónica to stc Group.
Saudi telco buys 9.9% of Telefónica
Saudi Arabia’s stc Group has acquired a 9.9% stake in Telefónica for €2.1 billion and is now the largest shareholder in the Spanish telco.
Telefónica secures Champions League rights
Telefónica has been awarded the exclusive rights to the Champions League in Spain for the next three seasons.
Telefónica hit with €5m fine
The Spanish regulator CNMC has fined Telefónica €5 million for again failing to comply with the commitments it accepted for its acquisition of the DTH platform DTS in 2015.
Telefónica doubles revenue target
Second quarter net income 44.5% higher than last year has prompted Telefónica to double its revenue target for 2023.
Major relaunch for Spain’s Movistar Plus+
Telefónica’s Movistar has enhanced its entertainment, fiction and sports television proposal by relaunching Movistar Plus+ .
Telefónica opts for Nagra anti-piracy services
Telefónica Global has chosen Nagra antipiracy intelligence services to supplement existing investigations and unseat pirate activities.
José María Álvarez-Pallete to head VMO2
José María Álvarez-Pallete, the chairman of Telefónica, has taken over as chairman of the board of directors of VMO2, replacing Liberty Global CEO Mike Fries.
Telefónica and Atlético Madrid develop immersive 5G experience
Telefónica and the La Liga side Atlético de Madrid have successfully implemented a new immersive way of enjoying matches via 5G and in Virtual Reality (VR).
Telefónica/DAZN Formula 1 deal questioned
The Spanish regulator CNMC has initiated a disciplinary file against Telefónica for the agreement it reached with DAZN regarding exclusive rights to Formula 1 for the 2021, 2022 and 2023 […]