José Maria Alvarez-Pallete

Telefónica chief outlines transformation agenda

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 […]

Netflix ‘not causing major shift’ for Telefónica TV

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 […]

Telefónica confirms Alierta replacement

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 to aggregate content buying across territories

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 in €725 million bid for control of Digital+

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 […]