Showing posts with label Telefonica. Show all posts
Showing posts with label Telefonica. Show all posts

Wednesday, October 16, 2013

Microsoft, Telefonica teaming up to push Windows Phone 8 devices in Europe, Latin America

Telefónica to promote and foster sales of Windows Phone 8 in the United Kingdom, Germany, Spain, Mexico, Brazil and Chile

- With this arrangement Telefónica reinforces its commitment to improve the current balance of mobile operating platforms on the market, encouraging it to be more diverse and less of a duopoly.
- The company is enhancing its commercial offering, bringing compelling alternatives to customers from the ecosystem of smartphones on the market

Madrid, 26 June 2013. Telefónica today announced the establishment of an enhanced marketing effort with Microsoft that aims to boost the sales of Windows Phone 8 devices. Initially for a period of one year, Telefónica will enhance marketing activities in support of its Windows Phone 8 devices in the U.K., Germany, Spain, Mexico, Brazil and Chile.

Telefónica, through its Global Devices area, and in collaboration with all its business units, is firmly committed to enhancing its commercial offering mobile devices to encourage the presence of additional mobile operating platforms as an alternative to the current duopoly of Android and iOS, and provide customers with a more personal smartphone experience like Windows Phone offers.

In this way, the Spanish multinational is reinforcing its commitment to pave the way for a much more competitive market. Promoting the use of Windows Phone 8 will benefit customers, as there will be more options to choose from while diluting the polarisation of installed base in operating platforms.

Telefónica plans to offer its clients enterprise-class business features such as Office 365 and SharePoint, as well as consumer-facing features such as Skydrive and Xbox in a mobile environment connected to the Internet, aiming to increase distribution of Windows Phone 8 devices through the collaboration with Microsoft.

As part of the commitment, Telefónica will encourage growth in market demand for Windows Phone 8 while working with suppliers to ensure the availability of high-quality devices. It will be working with the leading manufacturers of Windows Phone 8 devices to make their commercial offering available throughout the duration of this enhanced marketing effort with Microsoft.

"An associate partner such as Microsoft is chosen as a result of its operator-focused business approach. The Microsoft business culture is based on a model of value creation through its partnersassociates, which fits in perfectly with our culture and also with our way of doing business," said José María Álvarez Pallete, COO of Telefónica S.A.

According to Terry Myerson, corporate vice president, Windows Phone Division at Microsoft, "We are excited to work with Telefónica to market Windows Phone 8 devices to more customers in the UK, Germany, Spain, Mexico, Brazil and Chile, bringing them a more personal smartphone experience with the speed of Telefónica's network."


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Wednesday, October 9, 2013

Telefonica to sell its Irish operations to Three for $1.1 billion

TELEFONICA AGREES THE SALE OF ITS OPERATING BUSINESS IN IRELAND TO HUTCHI SON WHAMPOA FOR 850 MILLION EUROS

This transaction is part of Telefónica's policy of proactive management of its asset portfolio and the initiatives to increase the company's financial flexibility.

Madrid, 24th June 2013 - Telefónica today reached an agreement with Three, the Irish subsidiary of Hutchison Whampoa, to sell its 100% stake in Telefónica Ireland. This transaction – which is subject, among other conditions, to obtaining the relevant competition approvals – will create a new competitive dynamic in the Irish market.

The total consideration for the acquisition is 850 million euros, with 780 million euros in cash payable on completion and a further additional deferred payment of 70 million euros dependent upon achievement of agreed financial objectives.

This transaction is part of Telefónica's ongoing policy of proactive management of its asset portfolio with the aim of increasing the company's financial flexibility. Without considering the additional deferred payment it is expected that this agreement will reduce Telefónica's net debt position by approximately 780 million euros, accelerating Telefónica's deleveraging process and bringing the Company closer to its stated goal to reach a net debt level below 47 billion euros ($62 billion) in 2013.


View the original article here