0
General

Telefonica simplifies structure, eyes EUR 1.5 bln savings

Wednesday 26 February 2014 | 17:03 CET | News
Telefonica has announced a major structural reorganization that will see the integration of its Europe, Latin America and digital divisions into a new Global Corporate Centre, with greater visibility handed to local operations with a view to bringing them closer to the group's decision-making centre. The company will also create the new position of chief commercial digital officer, who along with the chief global resources officer will report to COO Jose Maria Alvarez-Pallete. In a statement Telefonica confirmed that Pallete will oversee operations across Europe and Latin America and Santiago

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: E-Plus / O2 UK / Telefonica / Telefonica Brazil / Telefonica Czech Republic / Telefonica Espana / Telefonica Germany / Telefonica Latin America / Telefonica O2 / Telefonica O2 Ireland
Countries: Spain
::: add a comment

Comments

I hate that they bought Eplus.
bill witzer @ 28/2/2014 - 11:56


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

OTT players enjoy unrestricted monopoly - Telefonica COO

Published 19 Jan 2015 15:38 CET | Brazil
OTT players such as Facebook, Google and Apple enjoy "a virtually unrestricted monopoly or duopoly" in the markets in which they ...

Telefonica reaches 1 million fibre customers in Spain

Published 04 Sep 2014 15:36 CET | Spain
Telefonica has reached the milestone of 1 million active fibre customers in Spain, having doubled the figure over the past 12 ...

Telefonica Ireland ends Q1 with 1.51 mln mobile accesses

Published 09 May 2014 11:28 CET | Ireland
Telefonica Ireland ended Q1 2014 with a total of 1.55 million accesses, down from 1.56 million at end-March 2013, including 1.51 ...

Telefonica Q1 results drop on forex, Czech sale

Published 09 May 2014 08:29 CET | Spain
Telefonica reported first-quarter revenues down 13.5 percent from a year earlier to EUR 12.232 billion, hurt by negative exchange ...

Telefonica amends concessions for E-Plus takeover

Published 02 May 2014 11:08 CET | Germany
Telefonica Deutschland has made changes to the concessions being offered to the EU to secure anti-trust approval for its takeover ...

Telefonica CR CEO to step down from end June

Published 25 Apr 2014 10:27 CET | Czech Republic
Telefonica Czech Republic CEO Luis Malvido will step down from end June, after cutting an agreement with the majority shareholder ...

E-Plus Group offers direct carrier billing with Syniverse

Published 26 Mar 2014 11:09 CET | Germany
German mobile network operator E-Plus is rolling out direct carrier billing across the Base, E-Plus, MTV Mobile, Aldi Talk, Ay ...

O2 Germany accepts pre-orders for new HTC One

Published 25 Mar 2014 17:17 CET | Germany
O2 Germany is accepting online pre-orders for the new HTC One (M8) smartphone. For example, the device is offered with O2 Blue ...

O2 Germany refreshes O2 Blue All-in tariffs

Published 25 Mar 2014 17:03 CET | Germany
Telefonica Germany is adding high-speed LTE mobile data to the O2 Blue All-in tariffs from 08 April. It will also launch the new ...

Over 21,000 visitors use O2 World WLAN in last 3 months

Published 20 Mar 2014 14:38 CET | Germany
Telefonica Germany is expanding the digital infrastructure at the O2 World centre in Berlin. Visitors can pay with mpass using ...

E-Plus launches HD Voice across UMTS network

Published 12 Mar 2014 15:17 CET | Germany
German mobile network operator E-Plus has launched HD Voice across its UMTS mobile network. This will ensure improved voice call ...

E-Plus drops roaming charges for pre-paid customers

Published 10 Mar 2014 17:22 CET | Germany
German mobile network operator E-Plus has dropped roaming charges for pre-paid customers travelling within the EU from ...

O2 Germany offers O2 Unite plan for business customers

Published 10 Mar 2014 12:49 CET | Germany
Telefonica Germany is refreshing its mobile phone services for business customers with the launch of O2 Unite, available from ...

Younger smartphone users benefit from Netzclub service

Published 06 Mar 2014 14:27 CET | Germany
O2 Germany's Netzclub ad-funded mobile phone service is a good choice for young smartphone users as mobile internet access is ...

EC extends deadline for Hutchison, O2 Ireland decision

Published 06 Mar 2014 10:56 CET | Ireland
The EC has confirmed that Hutchison Whampoa has offered concessions to secure approval for its takeover of Telefonica's O2 ...

O2 UK registers one million likes on Facebook

Published 04 Mar 2014 17:44 CET | United Kingdom
O2 UK claims to have become the first mobile operator in the UK to top one million likes on Facebook. Staffed by O2's Social ...

Netzclub relaunches EUR 9.95 a month fan tariff

Published 28 Feb 2014 14:18 CET | Germany
O2 Germany's Netzclub ad-funded mobile phone has relaunched its promotional fan tariff, teltarif,de reports. It is offering a ...

O2 UK reaches pay deal with CWU

Published 28 Feb 2014 10:36 CET | United Kingdom
Telefonica UK (O2) has reached a pay deal with the Communication Workers Union (CWU) to increase workers' pay by 2.6 percent in ...

O2 UK adds 222,000 contract mobile customers in Q4

Published 27 Feb 2014 11:06 CET | United Kingdom
Telefonica UK had a total of 23.9 million accesses at end-December 2013, up 0.3 percent from a year earlier, despite the impact ...

Telefonica to accelerate investment in 2014

Published 27 Feb 2014 08:31 CET | Europe
Telefonica announced plans to boost investment in 2014 in order to take advantage of demand for faster data services and ...

Telefonica Germany issues new EUR 500 million bond

Published 04 Feb 2014 10:59 CET | Germany
Telefonica Germany has placed a senior unsecured bond with a total volume of EUR 500 million due on 03 February 2021. This is the ...

Telefonica confirms keeping 4.9% stake in Czech arm

Published 29 Jan 2014 11:15 CET | Czech Republic
Following the announcement on 05 November 2013 of the agreement for Telefonica to sell PPF Group a 65.9 percent stake in ...

Telefonica looking to refinance EUR 5 bln debt - report

Published 24 Jan 2014 12:26 CET | Spain
Telefonica is currently in talks to refinance around EUR 5 billion of debt, a move that may pave the way for possible ...

Telefonica sales down 9.5%, meets debt reduction target

Published 08 Nov 2013 08:44 CET | Spain
Telefonica reported third-quarter sales down 9.5 percent year-on-year to EUR 14.06 billion, hurt by negative currency effects in ...