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

Thursday, February 24, 2022

Telefonica validates O-RAN xHaul transport link with Keysight

Telefonica accomplished the first validation of an open radio access network (RAN) xHaul transport link using Keysight's test tools.

xHaul is a unified fronthaul and backhaul networking infrastructure. It creates a common packet-based transport network for flexible and software-defined reconfiguration of networking elements in a service-oriented unified management framework. Mobile operators, such as Telefonica, are implementing O-RAN compliant xHaul transport architectures to reconfigure and share the network quickly and cost-effectively, to streamline delivery of 5G services.

“Keysight’s 5G test tools enable Telefonica Open Testing and Integration Centre (OTIC) to characterize xHaul transport links in accordance with O-RAN WG9 test specifications and advance its O-RAN xHaul interoperability test plans,” said Scott Bryden, vice president and general manager at Keysight. “Keysight’s solutions for emulating real-life Ethernet traffic conditions enable verification of the functionality and reliability of O-RAN xHaul transport architecture.” 

Wednesday, February 2, 2022

Telefónica increases its stake in Telxius Telecom to 70%

Telefónica and Pontegadea are increasing their stake in Telxius Telecom, a global telecommunications infrastructure company, by acquiring a 40% stake in Telxius Telecom, previously held by KKR.

With this transaction, Telefónica will increase its stake to 70% and Pontegadea will increase its stake to 30%. The acquisition is carried out for an estimated amount of EUR 215.7 million, pending, among others, the corresponding adjustments derived from the sale of Telxius’ tower business to American Tower in 2021.

Telxius Telecom has one of the largest subsea cable networks in the world, extending 94,000 kilometres via leading subsea systems such as Marea, Brusa and Mistral, as well as SAm-1, the system that connects the United States with Latin America.

Telxius Telecom provides direct connectivity to the internet with a coverage of 93 points of presence and 27 landing stations in 23 countries. In addition, Telxius Telecom offers an extensive range of capacity services, colocation and security services.

Telefónica sells 10% stake in Telxius to long-term partner

Telefónica will sell a 9.99% equity stake in Telxius, its infrastructure arm, to Pontegadea for a total of 378.8 million euros.  This transaction represents a price of 15.2 euro per share of Telxius. Telefónica said the deal incorporates a long-term partner in a holding company that controls its infrastructure arm.  The sale has been structured via Telefónica’s subsidiary, Pontel Participaciones, which owns 60% of Telxius’ capital stock....



Tuesday, February 1, 2022

Telefónica’s CEO elected chair of GSMA

José María Álvarez-Pallete, chairman and CEO of Telefónica, has been elected Board Chair of GSMA. He will serve through December 2022. Orange Group’s Stéphane Richard vacates the role after three years’ service.

As Board Chair, Mr Álvarez-Pallete will oversee the strategic direction of the GSMA, with the support of Board Deputy Chair, Rima Qureshi, Executive Vice President and Chief Strategy Officer of Verizon. The GSMA Board comprises the world’s largest operator groups and smaller independent operators with global reach.

“We very much appreciate the support and guidance that Stéphane provided during his term. His leadership was steady and supportive throughout a challenging period,” said Mats Granryd, Director General, GSMA. “As we look forward, we remain committed to our vision to unlock the power of connectivity so that people, industry, and society thrive. It is with great pleasure that we welcome José María as he joins us to support that vision for the coming year.”

“I’m very proud to join the GSMA as Chairman of the Board, representing the global mobile ecosystem. Technologies like 5G, edge computing, cloud, cybersecurity, AI and IoT, have redefined the way society operates and interacts online, paving the way towards metaverse, web3 and a new digital era”, said Telefónica’s Chairman and CEO, José María Álvarez-Pallete. “However, increased digitisation must include responsible leadership to drive growth, job creation, sustainability, and accelerate digital inclusion. I look forward to supporting the GSMA drive these critical issues, and many others, with the GSMA Board.”

https://www.gsma.com/newsroom/press-release/gsma-board-elects-new-chair/

Thursday, December 9, 2021

Video: How TIP's Private Mobile Framework can Transform 5G Use Cases

https://youtu.be/BNNCm7gQaug

In this engineering discussion, David Martín Lambás, Senior Manager – Connectivity Innovation at Telefónica & Chair of TIP’s 5G Private Networks Solution Group and Sriram Subramanian, Global System Integrator Ecosystem Manager at Facebook & Technical Lead of TIP’s 5G Private Networks Solution Group, discuss how TIP’s diverse set of ecosystem partners provide an immersive end-to-end user experience for private network deployments.

Tuesday, September 28, 2021

Telefónica to migrate its Oracle databases to Oracle Exadata

Telefonica España will migrate the bulk of its Oracle Database systems to Oracle Exadata Cloud@Customer, building a dedicated cloud platform on-premises to support provisioning and delivery of new services, as well as Telefonica’s mission-critical operational and commercial systems including its BSS and OSS platforms and applications, business intelligence systems, CRM, billing and revenue management.

The collaboration is part of a multi-year initiative by Telefonica to consolidate the technology infrastructure that underpins its communications network into a shared, open-standard platform designed to support its growing digital services portfolio, including new services around Internet of Things (IoT) and 5G, and services co-hosted with ISVs and network partners.


Oracle Exadata Cloud@Customer is an on-premises deployment option of Oracle Exadata Cloud Service that is delivered as a managed cloud service in Telefonica’s own data centers, enabling Telefonica to consolidate mission-critical systems in a single platform while complying with data residency regulations, meeting latency requirements, and helping to significantly reduce operational costs.

“Digitalization and connectivity are reshaping how we work and live, and Telefonica is transforming its business to support our customers in this new world. As we tap into these new opportunities, we need to consolidate and simplify our technology infrastructure to make us nimbler, more agile and more adaptable, and this is where our collaboration with Oracle comes in,” said Fidel Jesús Fernández, Director, Technologies and IT Transformation, Telefonica España. “Oracle Cloud@Customer provides us with the flexibility we need to build a robust, extensible cloud platform in our own data centers that is scalable and elastic to meet the changing needs of our business.”

https://www.oracle.com/news/announcement/telefonica-and-oracle-announce-collaboration-to-accelerate-cloud-adoption-2021-09-27/

Telefónica chooses IBM, Red Hat, Juniper for UNICA Next 5G core

Telefónica will use IBM intelligent automation software and services to implement UNICA Next – Telefónica's first-ever, cloud-native, 5G core network platform.Specifically, Telefónica has engaged IBM Global Business Services, a leading systems integrator and the digital transformation services and consultancy arm of IBM, Red Hat and Juniper networking to deploy the cloud-native platform. The platform is planned to be a new open-standard open-networking...

Thursday, September 23, 2021

Telefónica chooses IBM, Red Hat, Juniper for UNICA Next 5G core

Telefónica will use IBM intelligent automation software and services to implement UNICA Next – Telefónica's first-ever, cloud-native, 5G core network platform.

Specifically, Telefónica has engaged IBM Global Business Services, a leading systems integrator and the digital transformation services and consultancy arm of IBM, Red Hat and Juniper networking to deploy the cloud-native platform. The platform is planned to be a new open-standard open-networking technology compliant platform that will be deployed across multiple central, regional, and distributed data centers offering low latency and high bandwidth, while able to deliver services in an agile manner. UNICA Next data centers are planned to be deployed starting in October 2021 and its scalable architecture is designed to address ETSI and other relevant industry standards.


The new network is built on IBM Cloud Pak for Network Automation, Red Hat OpenShift, and Juniper Networks Apstra and QFX technology aligned to deliver streamlined end-to-end orchestration and operations. 

IBM says the integration of its automation software  with UNICA Next allows for intent-driven orchestration supporting the end-to-end lifecycle management of different network cloud elements and network functions, including 5G core. 


"Building out the UNICA Next platform with its next-generation network architecture shows how important it is to build the infrastructure now to support the deployment of 5G. 5G has the potential to support thousands of use cases and applications for consumers and enterprises in all industries. Our collaboration will not only help us to harness the potential of 5G, but also prepare for the future through a hybrid-cloud led technology and business transformation. With IBM, Telefónica is combining the latency and bandwidth advancements of 5G with the customization and intelligence of the cloud: we anticipate the results will be transformative in Europe and beyond," said Javier Gutierrez, director of strategy, network, and IT development for Telefónica.

https://newsroom.ibm.com/2021-09-23-Telefonica-Chooses-IBM-To-Implement-Its-First-Ever-Cloud-Native-5G-Core-Network-Platform

Wednesday, September 22, 2021

O2 completes Germany's first 5G Voice over New Radio call

O2 has become the first German mobile network operator to make a Voice over New Radio (VoNR) call purely over its live 5G network. 

Currently, voice calls in all German mobile networks are completed using 3G and 4G technologies.

VoNR is currently possible in the live network at O2's first 5G mobile stations in Potsdam and Munich.

"Voice over New Radio will enable our customers to make optimum use of the network in the future. We are introducing the technology for voice transmission much faster than with the LTE standard. With 4G, the simultaneous transmission of voice telephony and data took about five years after the introduction of the mobile standard; with 5G, it took only a few months. We are proud to be the first operator to succeed with VoNR on our 5G network," says Mallik Rao, CTIO of Telefónica / O2.

Sunday, August 1, 2021

Telefonica to acquire Cancom UK&I for managed services

Telefónica Tech agreed with Cancom Group to acquire Cancom UK&I for EUR 398 million euros valued at a multiple of 13.5x EV/OIBDA (based on 2021E). 

Telefónica Tech said the deal will strengthen the capabilities of its Cloud and Cybersecurity division in the UK and Ireland. Cancom UK&I has 600 professionals, joining the Telefónica Tech team, and a broad and strong digital services portfolio including professional services and managed services in advanced IT, cybersecurity and multi-cloud solutions.

Cancom UK&I is a certified Microsoft Gold Partner for 9 competencies, including Azure Expert MSP, CSP Direct, LSP, Surface Silver Partner and FastTrack and it also has other relevant partnerships with leading technology vendors. Cancom UK&I reached EUR 155 million in revenues in 2020, of which Managed and Professional Services represent more than 50% and are growing differentially. Cancom UK&I will reach EUR 190 million of revenues in 2021 with an adjusted EBITDA margin of 15.4% and revenues related to Managed Services and Professional Services revenues project differential growth rates of 20% and 26% CAGR18-21, respectively.

José Cerdán, CEO of Telefónica Tech, said: “Having the Cancom UK&I talented team join Telefonica Tech, will strengthen our Cloud and Cybersecurity capabilities in the UK and Ireland, with a strong focus on Professional and Managed services, and combined with our value proposition and global reach allows us to position ourselves as the strategic partner for our B2B customers in their digital transformation strategy".



Monday, July 19, 2021

Telefónica Colombia and KKR target FTTH

Telefónica Colombia and KKR, a global investment firm, will form a joint venture company for the deployment of FTTH in Colombia.

The new company aims to cover 4.3 million Passed Property Units (PDUs), including all the relevant markets in the country over the next three years.

Under the agreement, 60% of the joint venture will be owned by KKR and 40% by Telefónica Colombia. Telefónica will contribute its current FTTH infrastructure, which already reaches 50 cities and municipalities and which -at the end of the first quarter of 2021- covered 1.2 million homes.

The deal values the new company at US$ 0.5 billion (approximately 20 times proforma OIBDA and US$ 410 Enterprise Value per PDU), Telefónica Colombia will receive a payment of US $0.2 billion and will be eligible for a performance-based consideration of up to US $0.1 billion.

Telefónica Movistar Colombia currently has more than 380,000 customers using its fiber service with symmetrical speeds of up to 500 Mbps.

 

Alfonso Gómez Palacio, CEO of Telefónica Spanish-speaking Latin America, explained that "the agreement with KKR will accelerate the deployment of fiber optic in Colombia at an unprecedented rate, in a market that has shown enormous potential in the last year. In addition, fiber will create opportunities for thousands of homes and businesses that see digitalization as an opportunity for development. This is one more step by our company to lead FTTH services in Latin America".


Tuesday, June 1, 2021

American Tower completes first tranche of Telxius Towers acquisition

American Tower Corporation closed the first tranche of its Telxius Towers acquisition, comprised of nearly 20,000 communications sites in Germany and Spain, for total consideration of approximately €6.2 billion (approximately $7.6 billion at current foreign currency exchange rates). 

The closing was funded by a combination of cash on hand and borrowings under the Company’s revolving credit facilities and term loans. Approximately 4,000 additional rooftop communications sites in Germany are expected to close in the third quarter of 2021.

Tom Bartlett, American Tower’s Chief Executive Officer stated, “We are excited to close on these high-quality, well-located assets and are ready to quickly and efficiently integrate them into our existing European portfolio. We expect to utilize our newly augmented leadership position in Germany and Spain to drive strong, sustainable, long-term growth while delivering best-in-class service to existing and new tenants as they enhance mobile broadband connectivity for their customers. As one of the largest independent communications infrastructure providers in Europe, we believe we are now optimally positioned to benefit from accelerating 5G deployments across the region through a combination of organic growth, new builds and the potential for selective future acquisitions.”

American Tower to acquire Telxius Towers for €7.7 billion

Telefónica agreed to sell Telxius Towers to American Tower Corporation for approximately €7.7 billion (approximately $9.4 billion at current foreign exchange rates), subject to customary closing adjustments. 

The deal consists of approximately 31,000 existing communications sites in Germany, Spain, Brazil, Chile, Peru and Argentina. In addition, American Tower expects to spend approximately $500 million to construct a committed pipeline of approximately 3,300 new sites in Germany and Brazil through 2025.

Following this operation, American Tower becomes Telefónica's leading supplier in both Europe and Latin America and maintains its status as a partner in strategic projects in Brazil, Argentina and Colombia.



Tuesday, May 11, 2021

Telefónica partners with Microsoft on private 5G + MEC

Telefónica Tech signed a collaboration agreement with Microsoft on Azure Private Edge Zone.    

The integration combines Telefónica' Private 5G connectivity with Microsoft's Edge Computing capabilities on customer premise. The companies are targetting digital transformation opportunities for clients to enable the automation and control of their industrial processes.

“This collaboration agreement between Telefónica Tech and Microsoft, by taking advantage of the capabilities and experiences of both companies, will allow us offering to our clients a framework for the creation, deployment and operation of industrial solutions and their private communications in an integrated way inside and outside the factory. This framework is addressing the needs of those enterprises willing to deploy demanding industrial use cases over secure and performant private connectivity, focusing on simplicity, replicability and scalability,” says Gonzalo Martín-Villa, CEO of IoT and Big Data at Telefónica Tech.

“Together with Telefónica Tech, we can enable enterprises to leverage 5G to accelerate transformation and drive innovation across industrial scenarios within their own private networks,” said Yousef Khalidi, corporate vice president, Azure for Operators at Microsoft. “Partners like Telefónica Tech are critical in helping us meet the on-premises needs of our industrial customers. We look forward to working together to help our customers leverage this platform to drive transformation in their businesses and the industry as a whole in the near future”.


Monday, May 10, 2021

Telefónica acquires 20% stake in Nabiax in exchange for 4 data centers

Telefónica will acquire a 20% in Nabiax, a colocation and hosting partner owned y Asterion Industrial Partners, in exchange for four data centers (two in Spain and two in Chile). Asterion and its coinvestors, who retain the remaining 80% of the share capital in Nabiax.

Nabiax operates eleven data centers that it acquired from Telefónica in 2019.

The transaction includes an agreement for housing services in the four DC’s under equivalent terms and conditions as those established in the prior transaction (initial term of ten years). The transaction does not include the sale of servers owned by Telefónica, nor the management and access to customers hosted on them. Telefónica will therefore continue to provide and manage the services that it has been offering to its customers from these DCs and will maintain the direct relationship with such customers.


Tuesday, March 2, 2021

Telefónica and CDPQ create a neutral fiber wholesale operator in Brazil

Telefónica Group and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, announced plans to create a neutral and independent optical fibre wholesale network in Brazil.

FiBrasil Infraestrutura e Fibra Ótica SA ("FiBrasil") will be a 50-50 joint venture with the Telefónica Group's 50% participation held through Telefônica Brazil ("Vivo") and Telefónica Infra, the infrastructure arm of Telefónica Group 

Operating as a neutral wholesale company, FiBrasil is set to deploy and operate fibre-optic networks in selected mid-sized cities across Brazil outside the state of Sao Paulo, and to offer FTTH wholesale access to all telecommunications service providers, enabling them to offer these services to their end customers. Starting with a portfolio of 1.6 million Homes Passed ("HPs") contributed by Telefônica Brasil, FiBrasil aims to expand its network to reach around 5.5 million HPs within 4 years, accelerating the transition to fibre and contributing to the country's technological deployment. Telefônica Brasil will also be the anchor tenant for FiBrasil.

CDPQ is investing a total of up to R$1.8 billion (CA$408 million) in this joint venture, comprising both primary and secondary payments. CDPQ's projected capital contributions and the expected leverage to be raised by FiBrasil provide a fully funded business plan to accomplish the company's deployment targets. FiBrasil is set to become a leading operator in the Brazilian fibre space, with the backing of a strong set of shareholders.

Ángel Vilá, Chief Operating Officer at Telefónica Group, commented, "We are very excited about this opportunity to partner with CDPQ, with whom we share the ambition to accelerate fibre roll-out in Brazil, contributing to Vivo's growth plans and to the country's digital development. We are delighted to put our FTTH expertise and commercial capabilities behind this partnership, joining forces with CDPQ as a key element for success, strengthening our value proposition and reinforcing our growth strategy."

"Vivo will be FiBrasil's anchor tenant, consolidating itself as the leading convergent operator in the country. The transaction is framed within our strategic pillars, allowing Vivo to improve time-to-market, while at the same time enabling a more efficient use of funds," said Christian Gebara, Telefônica Brasil's CEO. Gebara also mentioned that "fibre will be a key driver for Vivo's future top-line growth aiming at reaching at least 24 million HPs by the end of 2024, and FiBrasil will be Vivo's platform for expanding coverage to greenfield cities."




Monday, February 22, 2021

Telefónica tests Huawei's 600G and 800G WDM

Telefónica has completed a trial of single-wavelength 600G and 800G transmission using equipment from Huawei.

The testing used Huawei OSN 9800 devices on Telefónica's photonic mesh network in Madrid spanning 47 km. 


Juan José Marfil, the director of transport and IP connectivity at Telefonica, pointed out: "These pilots on the photonic meshes, in which signals are transmitted over optical channels without the need to switch to the electrical domain, are important milestones that build on the 400G speed that was achieved in 2019, also in Madrid. The goal is to begin implementing the 400G speed this year and subsequently optimize the Fusion IP Network to meet the needs for higher capacity and speed in view of the exponential growth of both connected devices and data transmission."

https://www.huawei.com/en/news/2021/2/telefonica-600g-800g-osn9800-madrid

Monday, February 15, 2021

Telefónica builds cloud native IoT with Mavenir packet core and AWS

Telefónica is preparing to launch a managed IoT connectivity service based Mavenir’s packet core solution and AWS’s cloud infrastructure. 

Mavenir's cloud native functions will be hosted in AWS. 

Mavenir said the use of the cloud enables advanced, new functionalities for end users that were not previously possible: local data processing/storage, direct connectivity to other cloud services, and global low latency. 

The new service is managed through Telefonica’s Kite IoT platform, which provides a simple interface accessible from anywhere via the web or APIs so that industrial, manufacturing, public sector and automotive customers can better manage and control their IoT connectivity. 


The project is being developed by the Telefónica’s Core Innovation team in collaboration with Telefónica Tech’s IoT & Big Data unit. The pre-commercial activities cover the deployment of the Mavenir Packet Core on AWS, integration with Telefónica Tech’s KITE platform, and automation of the end-to-end service.

“Mavenir’s Converged Packet core built upon web-scale technology and cloud native principles provides support for 4G functionalities and facilitates easy deployment on AWS, offering a compact and efficient model in terms of cost and resources”, said Ashok Khuntia, EVP/GM, Packet Computing at Mavenir, “We are excited to work with Telefónica to integrate our packet core solution with Telefonica’s KITE platform over AWS”.


Tuesday, January 26, 2021

Telefónica's Cloud Garden integrates IBM Cloud Pak, Red Hat

Telefonica introduced its Cloud Garden 2.0, the next phase of Telefonica’s cloud services platform designed to accelerate application modernization. 

Cloud Garden 2.0 is built on IBM Cloud Pak and Red Hat OpenShift. The platform lets Telefónica clients to run their applications based on  containers on premises or in the cloud environment of their choosing, as well as simplify and speed how they bring new solutions to market.

"We are very pleased to have been able to count on the right partners to accelerate our hybrid cloud strategy and offer our clients the speed, flexibility and decision-making power they need to modernize and quickly launch innovative digital services to their users and customers," said Andrés López Hedoire, de Enterprise Product Marketing Director, Telefónica España.

Cloud Garden 2.0 is hosted via Telefonica’s Virtual Data Center in Spain.

https://www.telefonica.com/en/web/press-office/-/telefonica-ibm-and-red-hat-join-forces-to-accelerate-digital-transformation-with-open-hybrid-cloud

Wednesday, January 20, 2021

Telefónica pitches 5G and edge computing to start-ups

Telefónica has launched a call for proposals for startups to develop solutions that take advantage of the possibilities offered by 5G and edge computing.  

The initiative is part of the Wayra Activation Programme, which is promoted by Wayra, Telefónica's global open innovation hub, through which the company offers entrepreneurs free access to its technologies to test their solutions.

The call is addressed to startups that have at least one 5G and/or edge computing-based service, product or use case. The deadline for registration through the Wayra Activation Programme website is February 14th.

"We want to open innovation again to collaboration with startups and bring them closer to the real world of business. Now that Telefónica has made a major deployment of both 5G and edge computing, it is time to give them access to these new technologies with an enormous transformational potential. We want to discover these possibilities with them and develop innovative applications together to continue accompanying companies and society in general in their digitalisation", says Miguel Arias, Global Director of Entrepreneurship at Telefónica.


Tuesday, December 15, 2020

Telefónica Germany tests Open RAN with NEC

NEC has been selected by Telefónica Germany / O2 as its favored full-service system integrator for the first Open RAN pilot system in Germany. The system has already completed a first call via Open RAN on a live O2 mobile network in the Bavarian city of Landsberg am Lech.

During the pilot, NEC will help to define a customized Open RAN architecture, optimized and adapted to the requirements of the mobile network of Telefónica Germany. As the system integrator for this pilot, NEC coordinates the overall design of the Open RAN system and ensures the delivery of a solid end-to-end solution. This is being carried out in collaboration with industry leaders that include ADVA, Altiostar, GigaTera Communications, Intel, Red Hat, Supermicro and Xilinx.


“The key to success in implementing a first Open RAN pilot lies in the knowledge of an experienced system integrator,” said Mallik Rao, CTIO of Telefónica Germany. “NEC and its subsidiary Netcracker have proven their expertise through multiple project engagements within the Telefónica Group. We believe NEC is a reliable partner that is capable of bringing together an innovative network that can dramatically improve customer experience and enable faster time to market in the future.”

Sunday, December 6, 2020

Study: 5G is up to 90% more energy efficient per traffic unit than 4G

5G networks are up to 90 percent more energy efficient per traffic unit than legacy 4G networks, according to a new study by Nokia and Telefónica.

The research, which was conducted over a three-month period, focused on the power consumption of the Radio Access Network (RAN) in Telefónica’s network. 

Extensive testing examined eleven different pre-defined traffic load scenarios that measured the energy consumed per Mbps based on the traffic load distribution. The results highlighted that 5G RAN technology is significantly more efficient than legacy technologies when it comes to energy consumption per data traffic capacity with several hardware and software features that help to save energy. 

The study, which utilized Nokia’s AirScale portfolio, including AirScale Base Stations and AirScale Massive MIMO Active Antenna solutions, combined actual on-site base station energy consumption readings in different traffic load scenarios, ranging from 0 percent to 100 percent, as well as remote monitoring of actual power consumption through the network management systems.

The companies said that while 5G is a natively greener technology with more data bits per kilowatt of energy, further action is needed to enhance energy efficiency and minimize CO2 emissions that will come with exponentially increased data traffic. There are several energy-saving features at the radio base station and network levels, such as 5G power-saving features, small cell deployments and new 5G architecture and protocols, which can be combined to significantly improve the energy efficiency of wireless networks.

Juan Manuel Caro, Director of Operational Transformation at Global CTIO at Telefónica, said: “We are committed to supporting action on climate change and engender a sustainable culture throughout our entire company. We are proud to work collaboratively with Nokia on this project and others to address a range of initiatives including driving energy efficiencies in the 5G era.”

https://www.nokia.com/about-us/news/releases/2020/12/02/nokia-confirms-5g-as-90-percent-more-energy-efficient/

Thursday, October 29, 2020

Telefónica and Allianz JV to deploy FTTH in Germany

Telefónica and Allianz will create a 50-50 joint venture company to deploy Fibre-to-the-Home (FTTH) in Germany. The joint venture will operate as a neutral, wholesale provider and will build local fibre optic networks in underserved rural and semi-rural areas across Germany. The ambition is to pass more than 2 million homes with fibre network surpassing 50,000 kms, representing an overall investment of up to EUR 5 billion during the 6 year deployment period.

Telefónica Group’s participation will be held through Telefónica Infra (its infrastructure unit) holding 40% and Telefónica Deutschland / O2 holding a 10% stake.  Allianz Capital Partners will invest 50% in the joint venture on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund.

This venture in Germany follows Allianz’s commitment to significant fibre roll-outs in France and Austria. Allianz is one of the world´s leading insurers and investors. 

Ángel Vilá, Chief Operating Officer at Telefónica Group, commented “We are very enthusiastic about the opportunity to partner with Allianz, one of the world’s largest investors with whom we share the ambition to drive fibre roll out in Germany, contributing to accelerate the country’s digital development.  We are delighted to put our expertise behind this partnership, joining forces with Allianz as a key element for success, strengthening Telefónica Infra's value proposition and reinforcing the strategy presented by Telefónica a year ago.”