Telefonica

Telefónica looks to e-gaming to fill debt hole

Telefonica has announced a strategic partnership with ESL to build its presence in the e-Sports arena in another move to diversify its business and address its debt issues.

Telefónica mulls fire sale, including O2 UK and Telxius

Debt-laden Telefónica has confirmed it is considering selling off parts of O2 UK as it seeks ways of balancing the books. Separately, it has also announced the IPO of infrastructure subsidiary Telxius will be going ahead.

Telefónica appears to abandon hope of selling O2

Telefónica has indicated in a statement it will no longer be selling off its O2 business unit following the European Commission’s decision to block Three’s attempts to acquire the brand.

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Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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