Data Center News

O2 Telefónica and Ericsson sign network partnership extension

O2 Telefónica and Ericsson have signed an extension to their existing core network partnership and are now planning to "launch the next evolutionary stage in the operator’s drive to capture 5G value in the country." The contract extension builds on the telco's recent cloud-native transformati...

June 12, 2024

Abdul-Rahman Oladimeji

Telefonica

Telefónica confirms passing of former chairman César Alierta Izuel

Spanish telco Telefónica confirmed the passing of its former chairman César Alierta Izuel today (January 10) at the age of 78 in Zaragoza, Spain. Alierta served as an executive chairman for 16 years as he was appointed executive chairman of Telefónica in July 2000, a position he held until Apr...

January 10, 2024

Abdul-Rahman Oladimeji

Telefonica

Spanish gov’t to acquire 10% stake in Telefónica

The Spanish government is set to acquire a 10 percent stake in Telefónica. This comes a few months after Saudi Arabian telecoms company STC Group paid $2.25 billion to acquire a 9.9 percent stake in Telefónica which made it $2.25 billion to take a 9.9 percent stake in Telefónica’s biggest shar...

December 29, 2023

Abdul-Rahman Oladimeji

Telefonica

Telefónica to cut jobs in Spain

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...

November 30, 2023

Abdul-Rahman Oladimeji

Telefonica

O2 Telefónica Deutschland launches SA 5G service

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...

October 11, 2023

Abdul-Rahman Oladimeji

Telefonica

Telefonica issues green hybrid bond worth €1 billion

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...

February 03, 2023

Telefonica

Telefónica Considering Selling its Stake in Cornerstone

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 ...

November 11, 2022

Abdul-Rahman Oladimeji

Telefonica

Telefónica Announces €1 Billion Sustainability-Linked Senior Bond

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...

May 30, 2022

Abdul-Rahman Oladimeji

Telefonica

Oracle Partnering With Telefonica For Cloud Region in Madrid

Oracle has announced a partnership with Telefónica. The agreement sees Oracle place its Spanish cloud region in Telefonica’s data center in Madrid, Spain. Per the agreement, the two firms will jointly offer cloud platform-as-a-service and applications to public sector organizations and enterpr...

February 11, 2022

Abdul-Rahman Oladimeji

Telefonica

Telefonica sells four more data centers

Telefonica has announced the sale of four of its data centers to Asterion Industrial Partners. The four facilities sold include two in Chile and two in Spain and sold in exchange for a 20% stake in Nabiax, a subsidiary of Asterion. This, it said, will help it continue its "exposure to a globa...

May 11, 2021

Telefonica

Telefonica Is Considering Selling Data Center Business to Reduce Debt

Telefonica SA is considering options including a sale of its data-center business as the Spanish telecom group seeks to pay down debt, people with knowledge of the matter said.The former telecom monopoly is working with financial advisers to gauge interest from potential buyers including firm...

November 13, 2018

Eric Bell

Telefonica

Ready to Level up Your
Data Center Strategy?

Book a Consultation Now