The Spanish government is likely to probe Saudi telco stc’s plan to take a 9.9% stake in Telefónica, valued at around €2.1 billon, according to reports. The Saudi group, backed by the country’s sovereign wealth fund, informed Telefónica and the Spanish government about its intentions just before news of the bid became public on Tuesday. […]
Saudi Arabian telecom stc Group has bought a 9.9% stake in Spain’s telecommunications company Telefónica for a total of €2.1 billion. The Saudi telco provides digital solutions and services, including online payments, telecommunications, IOT, AI, 5G, cloud computing, e-gaming and cybersecurity, Fintech and other advanced digital solutions in Saudi Arabia and the MENA region. The […]
Telefonica-owned pay TV operator Movistar Peru is to expand its Movistar TV HD channel offering with an additional 11 new channels. The new channels will see Movistar’s HD offering go up from 64 to 75 channels at no extra cost for Movistar TV customers and users who currently have access to the HD Block using […]
Telefónica has secured rights to the UEFA Champions League, Europa League and Conference League football for the three seasons from 2024 until 2027 for a reported €320 million per season, along with rights to US Open tennis for its Movistar Plus+ TV service. Telefónica will also air the UEFA Youth League as part of its […]
Spanish market regulator the National Commission for Markets and Competition (CNMC) has fined telco operator Telefónica another €5 million for failing to comply with the commitments following the acquisition of DTS in 2015. CNMC sanctioned Telefónica with a €6 million fine previously in March over the DTS case. The Spanish watchdog authorised the acquisition of […]
Telefónica had 10.34 million pay TV customers at the end of June, down 4.4% year-on-year. In its domestic Spanish market the telco saw TV numbers decline by 60,000 in Q2, which it said was pushed lower by a 90,000 drop in single-play satellite TV customers. Telefónica España had 3.417 million pay TV customers at the […]
Virgin Media O2 lost 24,700 customers in Q2, a drop the company said was expected due to the absence of a provision for price hikes in contract that means customers can cancel after price rise notifications. Unlike other UK service providers, Virgin Media has not put a provision in contracts that allows it to up […]
Telefónica’s TV service Movistar Plus+ has added a raft of Galician-language on-demand content from regional Spanish broadcaster Nós Televisión to its line-up. The streamer has added 200 titles from Galician regional broadcaster Nós to its VOD offering, spanning engtertainemnt, news, interviews, series and documentaries and topics such as the literature, music, visual arts, language, education, […]
Telefónica is to relaunch its TV service Movistar Plus+ on August 1 with an offering that will be available to subscribers of other telecom services as an OTT streamer. The revamped service, which will also be available to miMovistar users, will include a range of new channels, with the linear Movistar Plus+ channel serving as […]
Telefonica has partnered with Kudelski Group’s company Nagra for its anti-piracy services as the company expands their existing anti-piracy operations in LATAM. Nagra anti-piracy solutions offer an ecosystem discovery and investigation services through which to drive effective action against piracy. Supplementing its existing intelligence sources, the Nagra solution provides innovative ways to identify, monitor and […]
