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Changes at top for Colombia’s CRC, Telefónica

Major leadership changes were announced this week at the Colombian telecommunications regulator (CRC) and the Spanish telecom operator Telefónica. CRC's executive director, Carlos Andrés Rebellón, has resigned his position. He had been the head of the CRC since November 5, 2010. In his resignation letter,...

Telefónica to move Latin American headquarters to São Paulo?

Spanish telecom giant Telefónica could move its Latin American headquarters from Madrid to São Paulo. Although rumors say the move is planned, a Telefónica Brazil spokesperson explained to RCR Wireless News that while the company is conducting studies about moving the regional command to...

Telefónica's first-half revenues rose by 6.3% underpinned by the Latin American business and a sharp rise in mobile data revenue

Telefónica | July 28, 2011 | Press Release Read the full press release here via Telefónica

Telefónica’s first-half revenues rose by 6.3% underpinned by the Latin American business and a sharp rise in mobile data revenue

Telefónica | July 28, 2011 | Press Release Read the full press release here via Telefónica

Vodafone Spain secures spectrum to deliver new services for customers

Vodafone | July 29, 2011 | Press Release Vodafone Spain has been awarded a total of 60 MHz (2x30 MHz) of new spectrum in the Spanish government’s auction, enabling the Company to provide its customers with enhanced mobile internet services across the country, including in...

Telefónica Group’s net profit drops 16.3% in first-half 2011, but Latin America grows 18.4%

In Spain, Telefónica reported a drop of 16.3% in first-half 2011 net profit to 3.162 billion euros. In the second-quarter, net profit dropped even more: 27%. According to company, it's due to rising operating costs and a writedown of the value of its stake...

Telefónica Group's net profit drops 16.3% in first-half 2011, but Latin America grows 18.4%

In Spain, Telefónica reported a drop of 16.3% in first-half 2011 net profit to 3.162 billion euros. In the second-quarter, net profit dropped even more: 27%. According to company, it's due to rising operating costs and a writedown of the value of its stake...

Etisalat and Telefonica signs a broad-based partnership

Telefonica | July 21, 2011 | Press Release Madrid, Spain & Abu-Dhabi, UAE, July 21st 2011 – Etisalat and Telefonica, two leading telecom operators worldwide, today jointly announced that they have signed a Strategic Partnership Agreement to enter into a broad-based cooperation. The partnership will...

Telefonica welcomes Lang Lang, the world's pianist, as its news international brand ambassador

Telefonica | July 20, 2011 | Press Release Madrid, 20 July 2011.- This morning Luis Abril, Telefonica’s General Technical Secretary of the Chairman's Office, welcomed the world-famous Chinese pianist Lang Lang, the Company's new global brand ambassador, at Telefonica’s District C headquarters in Madrid. The 29-year-old...

Telefonica welcomes Lang Lang, the world’s pianist, as its news international brand ambassador

Telefonica | July 20, 2011 | Press Release Madrid, 20 July 2011.- This morning Luis Abril, Telefonica’s General Technical Secretary of the Chairman's Office, welcomed the world-famous Chinese pianist Lang Lang, the Company's new global brand ambassador, at Telefonica’s District C headquarters in Madrid. The 29-year-old...

Ericsson Money Services launches cross border international remittance service in Europe and Philippines

Ericsson | July 14, 2011 | Press Release Today, Ericsson (NASDAQ:ERIC) Money Services launches its first global ‘corridor’ for cross-border international remittance in partnership with Globe Telecom and Smart Communications Inc (Smart) enabling mobile phone users in the Philippines to send and receive money to...

Telefonica’s 6,500 jobs cuts not to come from Latam workers

Europe's second-largest phone company Telefónica (TEF) reached an agreement with Spanish labor unions to cut up to 6,500 jobs over the next three years. In its statement, the telecom company explain that the measure aims to ensure the viability and competitiveness in coming years....

Nokia To Debut Windows Phone In Europe

Information Week | June 20, 2011 | Ed Hansberry Nokia's European VP Victor Saeijs said that the United Kingdom, Spain, France, Germany, Italy, and the Netherlands will be the first to see Nokia phones running Microsoft's Windows Phone platform. .... Read full article here via InformationWeek

FITCH affirms Telefonica del Peru’s ratings

Reuters | May 16, 2011 TDP's ratings are supported by its strong consolidated financial profile, low leverage, healthy cash flow generation and manageable debt maturity. TDP and its subsidiaries occupy a solid business position as the largest Peruvian telecommunications group and a diversified revenue stream...

FITCH affirms Telefonica del Peru's ratings

Reuters | May 16, 2011 TDP's ratings are supported by its strong consolidated financial profile, low leverage, healthy cash flow generation and manageable debt maturity. TDP and its subsidiaries occupy a solid business position as the largest Peruvian telecommunications group and a diversified revenue stream...

Telefonica’s revenues rose 10.8% in the first quarter of 2011 and the group confirms full-year guidance

Telefonica | May 13, 2011 | Press Release The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses,  with significant improvements in the contract mobile segment and growth businesses TELEFÓNICA’S REVENUES ROSE 10.8% IN THE FIRST QUARTER OF 2011...

Telefonica's revenues rose 10.8% in the first quarter of 2011 and the group confirms full-year guidance

Telefonica | May 13, 2011 | Press Release The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses,  with significant improvements in the contract mobile segment and growth businesses TELEFÓNICA’S REVENUES ROSE 10.8% IN THE FIRST QUARTER OF 2011...

Telefónica Europe Company Name Change

Telefonica | April 28, 2011 | Press Release London – Thursday, 28 April 2011 The operating businesses of Telefónica Europe have undergone a name change in line with the company’s global strategy of ‘One Team One Telef ónica’. The company’s European operating businesses will now be named Telefónica...

Bloomberg: Telefonica May Reduce Workforce in Spain by 20% Amid Latin American Push

Bloomberg | April 14, 2011 | Manuel Baigorri Telefonica SA (TEF) may cut its workforce in Spain by about 20 percent within the next three years as the country’s former phone monopoly targets growth in Latin America to make up for declining sales in its home market. Telefonica,...

Telefonica Forecasts Sales Growth Through 2013, Plans $39 Billion Spending

Bloomberg | April 13, 2011 | Manuel Baigorri Telefonica SA (TEF), Spain’s former phone monopoly, forecast revenue growth of at least 1 percent annually through 2013 and budgeted as much as 27 billion euros ($39 billion) in spending as part of its Latin American push. Group sales...

Spain’s Telefonica cancels Brazilian depositary receipts program

Capital.gr | March 31, 2011 | Diana Kinch RIO DE JANEIRO -(Dow Jones)- Spanish telecoms company Telefonica SA (TEF, TEF.MC) said it has canceled its Brazilian Depositary Receipts, or BDRs, program. Telefonica has also canceled its registration with Brazil's securities commission CVM as a share-issuing foreign company...

Spain's Telefonica cancels Brazilian depositary receipts program

Capital.gr | March 31, 2011 | Diana Kinch RIO DE JANEIRO -(Dow Jones)- Spanish telecoms company Telefonica SA (TEF, TEF.MC) said it has canceled its Brazilian Depositary Receipts, or BDRs, program. Telefonica has also canceled its registration with Brazil's securities commission CVM as a share-issuing foreign company...

Telefonica’s Brazilian units swap shares as part of restructure

Bloomberg | March 26, 2011 | Manuel Baigorri Telefonica SA (TEF) said the boards of Telecomunicacoes de Sao Paulo SA (TLPP3), its fixed-line unit in Brazil known as Telesp, and Vivo Participacoes SA (VIVO4), the country’s biggest wireless company, agreed that all of Vivo shares will be...

Telefonica Announces $14.6B 4-Year Brazil Investments

Fox News | March 24, 2011 Brasilia –  Spanish telecom giant Telefonica plans to invest 24.3 billion reais (some $14.7 billion) in Brazil between 2011 and 2014, CEO Cesar Alierta told Brazilian President Dilma Rousseff. That amount represents a 52 percent increase over the previous four...