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Jun 27, 2000 - BUENOS AIRES, Argentina - 27 Jun 2000: - Telefonica Argentina - the leading telecommunications provider in the Spanish and Portuguese.
Sociedad Anónima | |
Traded as | BCBA: TECO2 NYSE: TEO |
---|---|
Industry | Telecommunications |
Founded | 1990 |
Headquarters | Buenos Aires, Argentina |
Key people | Carlos Moltini (CEO) Mariano Ibañez (Chairman) |
Products | Telecommunications services |
Revenue | ARS 40.496.000.000 (2015) |
16,224 (2015) | |
Website | www.telecom.com.ar |
Telecom Argentina S.A. is the major local telephone company for the northern part of Argentina, including the whole of the city of Buenos Aires. Briefly known as Sociedad Licenciataria Norte S.A., it quickly changed its name, and is usually known as simply 'Telecom' within Argentina.
Together with Telefónica de Argentina in the southern part of the country, was part of the national fixed telephone market duopoly, until 8 October 1999. Telecom also operates the mobile phone service Personal, the cable modem service Arnet-Fibertel and the cable operator Cablevisión.
History[edit]
Telecom building in Puerto Madero, Buenos Aires.
In 1990, Argentina started to privatize most of its state-owned utilities: power, water, trains, and telecommunications, just to name a few. The monopoly of state-owned phone service ENTel was split into two territories: France Télécom was given the 'upper half' of the country, from the middle to the north, and Telefónica was given the southern part. Each company was given an initial 7 year monopoly beginning on November 8, 1990. Initially, other companies were given exclusive licenses for international long distance, as well as cellular phone service. France Télécom later sold its part of the company to the Argentine Werthein Group.
Its Puerto Madero headquarters were designed by the American architectural studio of Kohn Pedersen Fox, and inaugurated on February 18, 1998. [1]
Both local phone companies turned their systems into profitable operations in just a few years, despite the terrible conditions they inherited from ENTel. In the worst years of ENTel, a line activation would take several years. The telephone wiring layout across the country was undocumented. At privatization in 1990, the wait was still 4 years to get new service and 40 days for repair.[2]
Starting off with severe downsizings, Telecom Argentina started to invest into the country, but there was little outside capital investment; rather, a small portion of earnings were reinvested. Years later, all of the phone network was upgraded to a state-of-the-art system, from central telephone exchanges up to the wires going into homes; by 2005, 98% of the ENTel network infrastructure had been replaced.
Unlike many other privatized companies in Argentina, Telecom inherited an inefficient company and turned it into a working, profitable company. In contrast, railway in Argentina were sold to private corporations and cost the state US$1,000,000 per day in subsidies to operate 30,000 km of railroads until the state owned railway company, Ferrocarriles Argentinos was created in 2015.
In 2005, the Bank of New York was appointed as trustee, registrar and paying and transfer agent for Telecom Argentina's $1.5 billion debt restructuring, the biggest Argentine debt restructuring to date. The restructure involved the exchange of $2.8 billion in outstanding debt for newly issued exchange notes and cash, and involved consent requests and instructions for over 1100 creditors.[3]
Personal[edit]
![Telefonica Telefonica](https://www.elboletin.com/fotos/1/89661_telefonica-2.jpg)
Logo of Personal, the mobile-phone division of Telecom Argentina.
'Telecom Personal', owned by Telecom Argentina, is one of only 3 mobile phone companies in Argentina. Personal used a similar logo to Telecom itself until November 2011, when they switched into a new handwritten logo combined with nine brand colors.[4][5]
Telecom Personal owns 67.5% of Paraguayan mobile provider Núcleo S.A., which started in 1998 and also does business under the brand name Personal.[6]
Telecom Argentina has agreed with Uruguayan state telcom ANTEL to operate as a reseller of Ancel services in that country. Mexican mobile phone Claro has asked the national telecommunications regulating entity not to allow Personal to arrive to Uruguay.[7]
Ownership[edit]
As of 2019, current approximate ownership of Telecom Argentina is:[8]
- 31.53% Fintech Telecom LLC
- 18.75% Cablevisión Holding S.A. (CVH)
- 20.06% VLG S.A.U.
- 29.65% publicly traded
- 0.01% Class C shares
Criticism[edit]
Critics of Telecom argue that, when it received government subsidies to provide service in remote areas, it either didn't provide the service, or just installed public telephones. Critics also point to the high prices charged by the company, and to the fact that, unlike much of the world, Argentine customers have to pay per minute, rather than a fixed price.
In contrast, defendants of the system point out that the 011 area code (called AMBA, most of Gran Buenos Aires) provides local phone access to five to six million users (15-16% of the total population of the country), making a flat-rate type of service economically impossible.
Due to the lack of long requested flat telephone rates for local calls, specially to connect to Internet, a lot of users installed ADSL services from Arnet, Telecom's Internet service provider. The company was heavily criticised when it decided to limit ADSL users to 4 GB per month and charge for extra traffic, a decision which was promptly reversed.
Other critics to the company are centred on the lack of information on their offers, and obscure contracts with prices not including taxes, and other important information.
See also[edit]
References[edit]
- ^https://www.emporis.com/buildings/119699/torre-telecom-buenos-aires-argentina
- ^http://www.telecom.com.ar/inversionistas/english/sotearc.html (now gone; accessed in 2006)
- ^'The Bank of New York Appointed by Telecom Argentina as Trustee, Registrar, Paying Agent and Transfer Agent'. The Bank of New York. 2005-11-03. Retrieved 2007-09-23.
- ^Personal presenta un nuevo logo y desarrollo de identidad de marca - iprofesional.com, November 7, 2011
- ^Telecom Personal se renueva con un logotipo personalizado para cada usuario - Pienso Logo Existo, November 14, 2011
- ^'Siempre primeros!' (in Spanish). Núcleo S.A. 2007-08-31. Archived from the original on 2004-10-29. Retrieved 2007-09-23.
Somos el servicio de telefonía móvil Personal ofrecido en Paraguay por la empresa Núcleo S.A. operativa desde el 24 de junio de 1.998. ... Nuestra empresa, Núcleo S.A., está conformada en 32.5% por ABC Comunicaciones (grupo paraguayo) y en 67.5% por Telecom Personal
- ^Un recurso de Claro traba ingreso de otra telefónica móvil en Uruguay - El País, August 28, 2009
- ^Estructura del capital‹See Tfd›(in Spanish), Telecom Argentina.
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Telecom_Argentina&oldid=901856887'
(Redirected from Telefónica de Argentina)
Sociedad Anónima | |
Traded as | BMAD: TEF NYSE: TEF LSE: TDE BVL: TEF BCBA: TEF |
---|---|
Industry | Telecommunications |
Predecessor | Compañía Telefónica Nacional de España (CTNE) |
Founded | 19 April 1924; 95 years ago |
Headquarters | , |
Worldwide | |
Key people | Jose Maria Alvarez-Pallete Lopez (Chairman and CEO)[1] |
Products | Fixedline telephony Mobile telephony Broadband internet Digital television |
Revenue | €48.7 billion (2018)[2] |
€6.5 billion (2018)[2] | |
€3.9 billion (2018)[2] | |
Total assets | €114 billion (2018)[2] |
Total equity | €26.9 billion (2018)[2] |
120,138 (2018)[3] | |
Subsidiaries | Movistar O2 (UK) O2 (Germany) Vivo (Brazil) |
Website | www.telefonica.com |
Telefónica, S.A. (Spanish pronunciation: [teleˈfonika]) is a Spanish multinationaltelecommunications company headquartered in Madrid, Spain.[4] It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband and subscription television, operating in Europe and the Americas.
As well as the Telefónica brand, it also trades as Movistar, O2 and Vivo. The company is a component of the Euro Stoxx 50stock market index.[5] As of May 2017, Telefónica was the 110th largest company in the world, according to Forbes.[6]
- 3Current operations
- 3.1Europe
- 3.2Americas
- 3.3Asia
- 4Former operations
- 8Monopoly
History[edit]
Logo from 1984 to 1993
The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders.[7] Until the liberalisation of the telecom market in 1997,[8] Telefónica was the only telephone operator in Spain and still holds a dominant position (over 75% in 2000).[9] Since 1997, the Spanish government has privatized its interest in the company.
Ownership[edit]
Telefónica is a 100% listed company with more than 1.5 million direct shareholders. Its share capital currently comprises 4.563.996.485 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, New York, Lima, and Buenos Aires. The five major stockholders include:[10]
- BlackRock: 6.702%
- Banco Bilbao Vizcaya Argentaria (BBVA): 6.072%
- Société Générale: 5.774%
- CaixaBank: 5.251%
- Norges Bank: 1.355%
Current operations[edit]
A map highlighting Telefónica's global operations. Telefónica operating countries
Telefónica Tower in Barcelona
Europe[edit]
Spain[edit]
Telefónica is the second largest corporation in Spain, behind the Santander Group.[11] It owns Telefónica de España which is the largest fixed phone and ADSL operator in Spain, Telefónica Móviles, the largest mobile phone operator in Spain (under the Movistar brand), and Terra Networks, S.A., an Internet subsidiary. Spain now has the most extensive fibre-to-home network in Europe, as of April 2016.[12]
Germany[edit]
Telefónica was the parent of Telefónica Deutschland, which held two alternative IP carriers. The two ISPs, mediaWays and HighwayOne merged in January 2003 after having been purchased by Telefónica in 2001 and February 2002 respectively.
On 26 January 2006 Telefónica completed its £17.7 billion (€25.7 billion) acquisition of the UK-based operator O2 which also provided mobile phone services in Germany under the O2 brand.[13] Following the purchase, Telefónica merged Telefónica Deutschland and O2 Germany to form the current business Telefónica Germany.
Telefónica Germany, purchased competitor E-Plus on 1 October 2014. As part of the purchase, Telefónica reduced its stake in its subsidiary to 62.1%. Integration continues as of August 2015, but the now merged network is Germany's largest in customers.
United Kingdom[edit]
On 31 October 2005, O2 agreed to be taken over by Telefónica, with a cash offer of £17.7 billion, or £2 per share.[14] According to the merger announcement, O2, which provided mobile phone services in the UK, Ireland, Germany and the Isle of Man (uniquely to the O2 group Manx Telecom also offered fixed-line services), retained its name and continued to be based in the United Kingdom, keeping both the brand and the management team. The merger became unconditional on 23 January 2006 and O2 became a wholly owned subsidiary of Telefónica. Manx Telecom was sold by Telefónica Europe in June 2010.
In January 2015, Li Ka-shing entered into talks with Telefónica to buy O2 for around £10.25 billion, aiming to merge it with his subsidiary Three.[15] The acquisition was officially blocked by the European Commission on 11 May 2016, which argued that the merger would reduce consumer choice and lead to a higher cost of services [16] Telefónica began to seek a stock market flotation of the business instead.[17]
France[edit]
In France, since 2011, Telefónica has a joint venture with the French telecommunications company Bouygues Telecom, part of the Bouygues group, to offer global telecommunication services packages to multinational companies. This cooperation was expanded in June 2015 through the creation of a separate joint venture company named Telefónica Global Solutions France, with its own marketing and sales teams offering Telefónica and Bouygues Telecom services packages to corporations.
Americas[edit]
Telefónica operates the Movistar mobile phone brand throughout Latin America. In Mexico it occupies a distant second place and it is the largest in Chile, Venezuela, Brazil, and Peru.
Argentina[edit]
Telefónica owns Telefónica de Argentina which is the largest fixed-line operator in the country. It provides broadband, local and long distance telephone services in southern part of the country as well as the Greater Buenos Aires area. The Telefónica Group has been in the country since 1990. The mobile business is run by Telefónica Móviles through Movistar, a local subsidiary.
Brazil[edit]
Telefónica's largest fixed-line operation in South America is in Brazil, where it provides broadband, local and long distance telephone services in the aforementioned state, which alone represents the highest GDP of South America. It also owns a majority stake in the Brazilian mobile operator Vivo, having agreed on 28 July 2010 to buy Portugal Telecom's stake in the firm for €7.5 billion, after increasing its original offer by €1.8 billion over three months of incident-rich negotiations.[18] The Telefónica group has been in the country since 1996 when it acquired CRT, a fixed-line and mobile operator in the southern part of the country. The landline division is currently part of Brasil Telecom. Telefónica is the parent of Telefônica Brasil.
In 2009, after four big 'blackouts' on Telefónica's broadband 'Speedy', ANATEL ordered Telefónica to stop sales of its broadband service until improvements were made on the infrastructure to provide better-quality service.[19] After the release of sales of broadband internet in August 2009, ANATEL expects the company's service investments to keep on par with the sales. On 24 July 2010 Telefónica announced that the number of Speedy subscribers had exceeded three million people.
Chile[edit]
Telefónica owns Telefónica Chile, formerly CTC (Compañía de Telecomunicaciones de Chile, formerly known as Compañía de Teléfonos de Chile) which is the biggest fixed-line operator and internet service provider in the country. The Telefónica Group has been in the country since 1989. The mobile business is run by Telefónica Móviles through a local subsidiary. On 25 October 2009, Telefónica Chile changed its name to Movistar, including cellphone, landline, satellite TV, and internet.[20]
Colombia[edit]
On 18 April 2006, Telefónica's president Cesar Alierta signed an agreement with the Colombian government to buy 50% and one share of the state-owned communications company, Colombia Telecomunicaciones (TELECOM).[21] With this sale, Telefónica became the largest Colombian land-line operator, and also gained an important presence in the local, long-distance and broadband market. The mobile business is run by Telefónica Móviles through the brand movistar. It is unknown what will happen with their previous established subsidiary Telefónica Empresas, being most probable a merger with TELECOM. The company is now known as Telefónica - Telecom.
Costa Rica[edit]
Telefónica signed a contract for 15 years (extendable for 10 additional years) on 12 May 2011 with the government of Costa Rica. It started operations in 2011 under its Movistar branding.
Dominican Republic[edit]
In 2000, Telefónica acquired a 26.5% stake in Tricom when it purchased part of the shares Motorola had obtained in 1993.[22]
Ecuador[edit]
After acquiring 100% of OTECEL S.A. (Bellsouth), Telefónica Móviles Ecuador started its operations on 14 October 2004 as Movistar. It offers mobile solutions for the Ecuadorian market and is one of only three mobile operators in Ecuador. Telefónica in Ecuador has started offering 3G service from the second half of 2009.
Guatemala[edit]
After acquiring 100% of Paysandú S.A., Telefónica Guatemala Centro América started its operations in 1998 as Telefónica Movistar and just Telefónica for landlines. In 2004, acquired 100% of BellSouth Guatemala, relaunching mobile operations as movistar in 2005, with mobile services based on CDMA technology, in 2004 as Telefónica Movistar launch national service with GSM/GPRS technology, and CDMA 1x EV-DO for data. It offers mobile solutions for the Guatemalan market and is one of only three mobile operators in Guatemala, international operator as Millicom (TIGO) and América Móvil (Claro). Telefónica Móviles Guatemala (renamed in 2005) offers services on UMTS/HSPA since June 2009, and it was the last operator to launch commercial services on this technology, with coverage in all major cities.
Panama[edit]
Telefónica started its operations in Panama in 2004 as Telefónica acquired 100% of Bellsouth Panama. Since then it has operated using the name Movistar for mobile services. It migrated from CDMA technology used by Bellsouth to GSM 850. It also offers 3G using UMTS 850 and UMTS 1900. In 2015 it launched LTE with coverage expanding in Panama City, Arraijan, Chorrera up to Buenaventura Beach.
Peru[edit]
![Telefonica Telefonica](/uploads/1/2/5/8/125852556/170502161.png)
The Telefónica Group has been in the country since 1994 and owns the largest fixed-line operator in the country. The local subsidiary offers local, long-distance, and broadband services nationwide. The mobile business is run by Telefónica Móviles through a local subsidiary. The mobile telephone business goes by the name Movistar and competes with major provider Claro. Their main offices are located in Santa Beatriz on Av. Arequipa 1155.
Since January 2011, Telefónica has operated in the market under the Movistar brand.
Puerto Rico[edit]
Telefónica in Puerto Rico has presence through Telefónica Empresas, Telefónica Larga Distancia - TLD, Telefónica International Wholesale Services - TIWS (formerly Emergia) and Atento. Telefónica Moviles, through its Movistar brand, had presence in Puerto Rico until mid-2007 that they sold the Puerto Rico network to a private equity group who renamed it Open Mobile.
Venezuela[edit]
In late 2004 Telefónica took over the operations of Telcel Bellsouth in Venezuela, the first and largest mobile operator in the South American country at the time. After re-branding as Movistar, its CDMA2000 EvDO was progressively replaced by a GSMUMTS 3G network. Telefónica is currently rolling out 4G LTE in the country.
United States[edit]
Based in Miami, Florida, Telefónica USA, Inc. provides services to U.S.-based multinational companies that have operations in Latin America and Europe. Telefónica USA also operates the KeyCenter™, a data center in Miami built to withstand category 5 hurricanes,[23] from where the company supports Business Continuity and IT services for Enterprise customers in South Florida.
Asia[edit]
China[edit]
In 2009, China Unicom agreed to a $1Bn cross-holding with Telefónica.[24] In January 2011, the two partners agreed to a further $500 million tie-up in each other. Following completion in late 2011, Telefónica will hold a 9.7% stake in China Unicom, and China Unicom will own 1.4% of the Spanish firm.[25]
In 2018, China Unicom and Telefónica establish a new partnership to combine their services and networks in the internet of things, so as to enable their clients to deploy IoT products and services in China, Europe and Latin America with a single global IoT SIM card.[26]
Former operations[edit]
Czech Republic[edit]
In 2005, Telefónica bought Český Telecom (Czech Telecom), the former state-owned Czech phone operator which still dominates the Czech fixed-line market. As part of this deal Telefónica also gained its 100% subsidiary Eurotel, one of three mobile phone operators in the Czech Republic. Starting 1 July 2006, both companies were merged into one legal entity and renamed Telefónica O2 Czech Republic. In 2011, the company was renamed Telefónica Czech Republic and in 2013, it was announced that Telefónica would sell its stake in the company to PPF. Under the terms of the sale, the company was allowed to continue to trade under the O2 brand for a maximum of four years.[27] In August 2017, the brand license agreement was extended to 2022, with a 5 year extension to 2027 available.[28]
Slovakia[edit]
During 2006, Telefónica won the tender to become the third mobile phone operator in Slovakia, under the O2 brand. It began providing services on 2 February 2007 under the name Telefónica O2 Slovakia, s.r.o. It initially launched providing only a prepaid service but in mid-2007 began to sell contract phones. The company was sold along with Telefónica Czech Republic to PPF.[27]
Ireland[edit]
O2 in Ireland was purchased by Telefónica as part of its acquisition of O2 plc in the UK in 2005. Telefónica Ireland has become the second largest mobile phone operator in Ireland, operating a GSM/EDGE and high-speed HSPA+ wireless broadband network to residential and business customers through its 'O2' brand. Telefónica Ireland also provide fixed broadband to business customers.
It was announced on 24 June 2013 that Telefónica had agreed to sell its O2 Ireland mobile business for at least €780 million ($1 billion) in cash to Hutchison Whampoa's subsidiary 3.[29] O2 was merged into Hutchison Whampoa's subsidiary Three Ireland in March 2015
Italy[edit]
Telefónica currently owns 46% of Telco, the holding company that controls 22% of Telecom Italia, Italy's former government–owned telephone company. In late 2003, Telefónica announced its intention to acquire the entirety of Telco by January 2014, potentially becoming Telecom Italia's largest shareholder. The plan, was however challenged by the Brazilian competition authority since Telefónica and Telecom Italia, with Vivo and TIM respectively, are the two largest telephone companies competing in Brazil. Subsequently, Telefónica confirmed in September 2014 that it intended to sell its shares in Telecom Italia following the purchase of Global Village Telecom (GVT) in Brazil from Vivendi.[30] Telefónica sold its shares in the business to Vivendi as part of the sale of GVT in June 2015.[31]
Telefónica Business Solutions[edit]
The firm provides fixed, mobile and data telecommunications, digital platforms and ICT services to the B2B sector (MNC, Enterprise, SME and Wholesale) through its Telefónica Business Solutions unit.
Customers: Telefónica lists, among other, the following as existing customers: Inditex, Scottish Power, BBVA, Endesa, Ferrovial and FCC.
Full network operations: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Germany, Guatemala, Mexico, Nicaragua, Panama, Peru, Puerto Rico, Spain, United Kingdom, Uruguay and Venezuela
Commercial offices: Austria, Belgium, Bulgaria, China, Czech Republic, Denmark, Estonia, France, Greece, Hungary, Ireland, Italy, Netherlands, Poland, Portugal, Romania, Singapore, Slovakia, Sweden, Switzerland and USA
Remote operations and network points of presence: Finland, Latvia, Lithuania, Morocco, Norway and Slovenia
Strategic and industrial alliances: China Unicom
It has an extended service reach in 129 additional countries.
Financial data[edit]
Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 31 052 | 28 411 | 28 399 | 30 322 | 37 882 | 52 901 | 56 441 | 57 946 | 56 731 | 60 737 | 62 837 | 62 356 | 57 061 | 50 377 | 47 219 |
OIBDA | 12 804 | 11 724 | 12 600 | 13 215 | 15 276 | 19 126 | 22 824 | 22 919 | |||||||
Net results | 2 106 | -5 577 | 2 203 | 2 877 | 4 446 | 6 233 | 8 906 | 7 592 | |||||||
Net debt | 28 941 | 22 533 | 19 235 | 20 982 | 33 574 | 52 145 |
Source :OpesCQuarterly Report Jan - Dec 2008 - page 9
Sponsorship[edit]
- Football
In football, Teléfonica is an official sponsor for several national teams like Spain (Movistar+) in Europe and Brazil (vivo), Mexico, Colombia, Peru or Venezuela in America.
- Rugby
O2 are the main sponsors of the England national rugby team.
- Cycling
From 2011, they are to sponsor the Spanish UCI ProTour cycling team known as Movistar Team.
- Motor sports
Teléfonica, through Movistar, is the major sponsor of Yamaha Motor Racing, a motorcycle racing team in MotoGP, and was also a major sponsor of one of Suzuki's and Honda's racing teams in MotoGP in the early 2000s.
Within Formula One, Telefónica was a major sponsor of the Renault F1 Team until Fernando Alonso's departure to McLaren in 2007, and were title sponsors of the Spanish Grand Prix from 2006 to 2010. Through its acquisition of O2, Telefónica also indirectly sponsored the BMW Sauber F1 Team. F1 Racing estimates these sponsorships amount to $18 million, $15 million and $23 million respectively.
They also sponsored the Ford Focus WRC during seasons 2000-2002 when Spanish rally driver Carlos Sainz drove for the team. The sponsorship said Telefónica Movistar on it and the stickers were on the front bumper, the rear 3-quarters and the rear spoiler. As Sainz moved to Citroën team, Telefónica followed and sponsored Citroën rally team in 2003.
- Sailing
Movistar- and Telefónica-sponsored teams contested the round-the-world Volvo Ocean Race in the 2005-06, 2008-09 and 2011-12 events.
Monopoly[edit]
Europe[edit]
Telefónica has received several fines due to convictions over unfair competition, abuse of its position as dominant provider, and antitrust violations through the Commission of Telecommunications, European Commission, and Spanish tribunals. These fines include:
- 900,000 euro fine, Spanish tribunals[32]
- 18 million euro fine, Spanish Telecommunication Market commission, 57 million in 2004 for unfair competition[33]
- 151.9 million euro by European Commission for abusing its dominant position[34][35]
As of 2008, Telefónica had in court two more fines, with a value of 793 million euros.[36]
On 5 July 2007, the European Commission ordered Telefónica to pay a record antitrust fine of almost €152 million for activities in the Spanish broadband market which, according to European Union competition commissioner Neelie Kroes, 'harmed Spanish consumers, Spanish businesses and the Spanish economy as a whole, and by extension Europe's economy'.
Several consumer groups in Spain have reported unnecessary delays in cancelling Telefónica's ADSL service. These consumer groups also claim that services continue to be billed after being cancelled and that service cancellation requests are ignored.[37]This has led Spanish people to organize themselves in consumer groups such as the 'Asociación de Internautas' and user communities like 'Bandaancha' in order to defend themselves from Telefónica's abuses, and to give support and help to each other in their various complaints about Telefónica's unfair practices.
The practices are claimed to include the complex process involved in cancelling lines.[38]These line cancellation procedures are justified by Telefónica as a way of 'defending customers against hoaxes'. Furthermore, in areas where ADSL lines are scarce, there are also reports of customers who claim to have had their service cancelled or inexplicably transferred to another customer although they have paid their bills.[39]This practice is considered by some to be used by Telefónica in certain areas of Spain where there are few broadband connections.
Positions on network neutrality[edit]
In February 2010, Telefónica CEOCesar Alierta expressed in a meeting at Bilbao, Spain that his company intends to charge Google and other search engines for the use of their network. Alierta[40] complained that such search engines were benefiting from the platform without contributing to the company's expenses and that such a trend will change in the near future. Additionally he said that Telefónica will seek to push its own content.[41]
Investments and collaborations[edit]
Telefónica is a supporter of the Hybrid Broadcast Broadband TV (HbbTV) initiative that is promoting and establishing an open European standard for hybrid set-top boxes for the reception of broadcast TV and broadband multimedia applications with a single user interface, and has run pilot HbbTV services in Spain.[42]
Telefónica's Wayra subsidiary first launched in Latin America and Spain in 2011 to provide seed investment and mentoring to new companies. Since its inception, Wayra has backed over 300 companies including Trustev, Venddo, Cloudwear[43] and NFWare.[44]
As of 1 December 2014, the Firefox web browser includes the Firefox HelloWebRTC feature,[45] that allows real-time voice and video online chats.[46]Firefox Hello is powered by[clarification needed] Telefónica[47] and was also co-developed by Telefónica.[48]
Telefónica Dynamic services offers mobile-money using Sybase 365 Mobile wallet systems, with a service-centre based in Tel-Aviv.
In September 2017, Nokia and Telefónica signed an agreement in order to evaluate technologies enabling an efficient network evolution to 5G in line with Telefónica's business objectives.[49][50]
Incidents[edit]
On 12 May 2017, Telefónica computer's network was critically attacked by a malware known as WannaCry ransomware attack.
See also[edit]
References[edit]
- ^'People: Telefonica SA'. Reuters. Retrieved 26 April 2016.
- ^ abcde'Company Financials Telefonica S.A.' Telefónica. Retrieved 2 May 2019.
- ^'Auditor's Report, Consolidated Annual Accounts, and Consolidated Director's Report 2017'. Telefónica. Retrieved 10 January 2019.
- ^'How to get to Distrito Telefónica.'
- ^Frankfurt Stock Exchange
- ^'Telefónica on the Forbes Global 2000 List'. Forbes. Retrieved 22 September 2017.
- ^'History'. Telefónica. Retrieved 18 July 2017.
- ^Garcia Algarra, Javier (2010). 'The American influence in Telefónica's public relations strategy during the 20s and 30s', IEEE HISTELCON 2010
- ^'Press conference on Telefónica decision – introductory remarks' (Press release). European Commissioner for Competition Policy. 4 July 2007. Retrieved 18 February 2008.
- ^BlackRock ya es primer accionista de Telefónica
- ^Spanish companies in Fortune Global 500ranking.
- ^Hail, César! The fate of Telefónica under César Alierta mirrors Spain’s ups and downs Apr 2nd 2016 The Economist
- ^Newman, Matthew (10 January 2006). 'Telefonica Wins Conditional EU Approval for O2 Bid'. Bloomberg. Retrieved 23 July 2013.
- ^'Telefonica bids £18 billion for U.K.'s O2'. BBC News. 31 October 2005. Retrieved 25 April 2010.
- ^'Li Ka-shing in talks to buy O2 for £10bn'. BBC News. 23 January 2015. Retrieved 26 January 2015.
- ^'EU blocks Three's takeover of O2'. BBC News. Retrieved 11 May 2016.
- ^Williams, Christopher (24 September 2016). 'O2 fires up blockbuster London float plans'. The Telegraph. Retrieved 25 September 2016.
- ^Minder, Raphael (28 July 2010). 'Telefónica Wins Full Control of Brazil Phone Venture'. The New York Times. Retrieved 31 July 2010.
- ^'Anatel suspende comercialização do Speedy, banda larga da Telefônica'. oglobo.globo.com. 9 June 2009. Archived from the original on 25 June 2009.
- ^'Movistar.cl'. Movistar.cl. Retrieved 12 October 2013.
- ^12 Octubre 2013. 18:01. 'César Alierta: Telefónica es el aliado 'ideal''. El Librepensador. Archived from the original on 14 October 2013. Retrieved 12 October 2013.
- ^DR1. 12 October 2000. Tricom sells 26.5% of its shares to Telefónica de España
- ^'Telefónica Global Solutions KeyCenter™ in Miami data center brochure'(PDF). Telefónica Global Solutions. p. 4. Retrieved 4 October 2014.
KeyCenter™ is a purpose built 173,500 sqft mission critical facility capable to withstand CAT5 Hurricanes.
- ^China Unicom and Telefónica Enter into a Broad Strategic Alliance and a Mutual Investment Agreement. 7 September 2009.
- ^'Telefónica and China Unicom strengthen ties'. BBC News. 23 January 2011. Retrieved 23 January 2011.
- ^China Unicom and Telefónica create IoT network union. 5 March 2018 (retrieved on March 6 2018)
- ^ ab'Telefónica Agrees the Sale of Telefónica Czech Republic to PPF for 2,467 mln euros'. Telefónica Czech Republic. Archived from the original on 20 February 2014.
- ^https://www.o2.cz/file_conver/551515/O2_Czech_Republic_Investor_presentation_August_2017.pdf
- ^'Telefonica sells O2 Ireland to Hutchison's 3 for $1 billion'. Reuters monday 24 June 2013.
- ^González, Andrés (1 September 2014). 'Telefonica to exit Telecom Italia after Brazil deal'. Reuters. Retrieved 8 December 2014.
- ^O'Leary, Elisabeth (24 June 2015). 'Telefonica sells Telecom Italia stake to Vivendi, makes 380 mln euro gain'. Reuters. Retrieved 15 November 2016.
- ^'Confirman la multa de 900.000 euros a Telefónica por una denuncia de la Asociación de Internautas' (in Spanish). Retrieved 18 February 2008.
- ^'Competencia multa a Telefónica con 57 millones por abuso de posición dominante - elmundo.es economía' (in Spanish). Retrieved 18 February 2008.
- ^'Bruselas multa a Telefónica con 151,8 millones de euros por impedir la competencia en ADSL'. elmundo.es (in Spanish). Retrieved 18 February 2008.
- ^'Telefónica Profit Doubles; Annual Forecasts Raised (Update5)'. Bloomberg.com. 30 July 2007. Retrieved 18 February 2008.
- ^'Jazztel presenta dos nuevas demandas contra Telefónica por 793 millones'. ADSL 4 EVER.COM (in Spanish). Retrieved 18 February 2008.
- ^'Telefónica ADSL - Opinión - Un timo, una estafa, un robo, una mentira'. Ciao.es. Retrieved 12 October 2013.
- ^'Baja en Terra y Telefónica con Burofax completo (con plantilla) - Telefónica - Foros'. BandaAncha.st. Retrieved 12 October 2013.
- ^'Gestionando el conocimiento'. Orcero.org. Retrieved 12 October 2013.
- ^ABC / madrid (4 October 2010). 'César Alierta, entre los cinco ejecutivos más influyentes del mundo'. ABC.es. Retrieved 12 October 2013.
- ^'Telefónica's CEO to charge Google'. Eitb.com. Retrieved 12 October 2013.
- ^David Del Valle. 'Spain selects HbbTV standard'. Advanced Television 25 November 2011. Retrieved 27 March 2012
- ^Wayra Funding List, Retrieved 23 April 2014
- ^Seed Finanzierung für Wayra Startup
- ^'Firefox — Notes (34.0) — Mozilla'. Mozilla Corporation. 1 December 2014. Retrieved 1 March 2015.
- ^'Firefox Hello — Free, easy video conversations — Mozilla'. Mozilla Corporation. 2015. Retrieved 1 March 2015.
- ^Protalinski, Emil (16 October 2014). 'Firefox 34 beta arrives with 'Firefox Hello' calling by Telefonica, Chromecast tab mirroring from Android'. VentureBeat. Retrieved 1 March 2015.
- ^Moscaritolo, Angela (14 January 2015). 'Firefox 35 Adds 'Hello' Video Chat Service'. PC Magazine. Retrieved 1 March 2015.
- ^Daniels, Guy (13 September 2017). 'Telefónica edges closer to 5G with trials of Nokia's '4.9G' technology'. TelecomTV. Retrieved 22 September 2017.
- ^'Nokia and Telefónica put techheads together'. Good News from Finland. 14 September 2017. Retrieved 22 September 2017.
External links[edit]
Wikimedia Commons has media related to Telefónica. |
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