Nov 30, 2023 | Posted by Abdul-Rahman Oladimeji | Telefonica
Telefónica has revealed to the labor union representatives that it plans to cut jobs in Spain, according to the UGT union. The company did not specify how many jobs it intends to cut. However, the Spanish newspaper Cinco Dias reports that there could be as many as 3,000 jobs. The company is cu...
Oct 11, 2023 | Posted by Abdul-Rahman Oladimeji | Telefonica
O2 Telefonica Deutschland launched its standalone 5G service on October 10, 2023. This 5G Plus service now enables customers with compatible SIM cards and smartphones within O2’s coverage areas to make calls via the Voice-over-New-Radio technology and browse on the internet. It is also availab...
Feb 03, 2023 | Posted by MadalineDunn | Telefonica
Telefonica has announced that it has issued a €1 billion ($1.1bn) green bond to fund its sustainability efforts. The green hybrid bond has a maturity of 7.25 years, and will go toward green projects, procuring renewable energy, and helping the company shut down its obsolete equipment. Further...
Nov 11, 2022 | Posted by Abdul-Rahman Oladimeji | Telefonica
Telefonica is mulling over selling its stake in Cornerstone, a UK mast operator. The Spanish operator has a 50% stake in the company which it considers a “disposable asset.” The other half is held by Vantage Towers. According to Reuters, the CEO of Telefonica said that the company has not yet ...
May 30, 2022 | Posted by Abdul-Rahman Oladimeji | Telefonica
Telefonica has announced that it has issued its first senior sustainable bond. The bond will be used to sponsor sustainability initiatives and projects. The nine-year bond amounts to €1 billion ($1.06 billion). Telefonica saw immense success with the bond as it was over subscribed by more t...