telefónica

Telefonica offers 'secret' EUR 45/mth convergent plan

(Telecompaper) Telefonica has started offering a "secret" low-cost convergent plan that also includes access to the company's pay-TV service, reports website Bandaancha...




telefónica

Telefonica pays USD 85 mln to settle Venezuela case, fires local executive

(Telecompaper) Telefonica Venezolana, the Venezuelan subsidiary of Telefonica, has agreed to pay USD 85.2 million to resolve a US Department of Justice...




telefónica

Telefonica Withdraws FY20 View, To Form UK JV With Liberty Global; Stock Dips

Shares of Telefonica SA were losing around 2 percent in the trading in Spain after the telecom major on Thursday reported weak first-quarter profit and withdrew fiscal 2020 guidance due to the current level of uncertainty amid Covid-19 impact. However, for the mid-term, the company backed 2022 guidance of revenue growth. Separately, Telefonica announced an agreement with Liberty Global.




telefónica

Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]