Telefónica stands at a “unique” and “extraordinary” juncture, characterised by disruption, and needs to continue its successful transformation from a voice-based phone company to a digital technology company to prosper in the new age, according to executive chairman José María Álvarez-Pallete. “Today, the biggest distributor of content in the world does not generate a single […]
The arrival of Netflix and other OTT TV players is not causing “a major shift in the evolution of [Telefónica’s] customer base”, according to the telco’s executive chairman, José María Álvarez-Pallete López. Answering analyst questions following the company’s second quarter results, Álvarez-Pallete said that the company’s Fusión offering was growing its customer base and that […]
Spanish telco Telefónica’s board has approved the appointment of José María Alvarez-Pallete as executive chairman of the company. Alvarez-Pallete replaces long-serving chairman César Alierta, who announced his departure last week. He has previously served in a number of top executive positions at Telefónica, including chief operating officer of the Spanish unit and executive chairman of […]
Telefónica plans to realise major synergies from aggregating TV content acquisition across all the territories in which it is active, while also realising additional synergies in Spain – including a single OTT platform – from its acquisition of Canal+, according to chief operating officer José María Álvarez Pallete. Speaking to analysts after Telefónica’s latest financial […]
Telefónica has made a €725 million bid for a controlling stake in Prisa-backed Spanish pay TV operator Digital+. According to a statement made to the Spanish stock market regulator yesterday, Telefónica is bidding for a 56% stake in Digital+’s holding company Distribuidora de Televisión Digital (DTS), in which it already holds a 22% stake. Telefónica’s […]
