Latest news with #Telefónica
Travel Daily News
4 days ago
- Business
- Travel Daily News
TIS2025 defines the challenges of tourism
From October 22 to 24, more than 8,000 professionals will gather at TIS2025 to explore the future of the tourism industry, articulated around thrusts such as technology, AI and sustainability. MADRID – TIS – Tourism Innovation Summit 2025 (TIS2025), which will be held from October 22 to 24 at the FIBES exhibition center in Seville, continues to make progress in the preparations for its next edition. This has become evident with the holding of its first Advisory Board, which has included representatives from leading companies such as Vueling, Telefónica, Veolia and MasOrange, and from organizations and institutions such as the World Travel & Tourism Council (WTTC), SEGITTUR, CEOE and Paradores. TIS2025 will bring together more than 8,000 professionals from the global tourism ecosystem in the Andalusian capital to showcase the technological solutions that are reimagining the way we travel. With the slogan 'Innovation in motion, tourism reimagined', TIS2025 will once again be the setting for the Tourism Innovation Global Summit, a benchmark forum that will bring together more than 400 experts from different areas of the tourism sector to chart the path towards the new traveler profile. The congress will have an agenda distributed in five auditoriums that will operate in parallel and will be structured around eight specialized forums: Destinations of the Future, Hospitality, Transportation and Tourist Travel, Distribution Channels and OTAs, Activities and Attractions, MICE, Business Travel, and Leisure and Culture. In addition, customized agendas will be designed for different professional profiles such as CEO, DMO, CIO, CTO, CMO, CSO and HR managers. South Korea, guest country at TIS2025 In this sixth edition of TIS, South Korea takes over from China as guest country with the aim of 'building bridges and understanding how technological innovations are being applied in this Asian country, something that will be key to inspire new business opportunities. Through case studies and examples of disruptive marketing and communication campaigns, our goal is to offer companies and professionals in the sector, tools and learning that allow them to access this market, expand their strategic vision and apply that knowledge in their own projects to continue to evolve', explained Silvia Avilés, Director of TIS. The integration of AI among tourists is highly integrated and this is shown by recent studies that point out that almost half of travelers trust the use of artificial intelligence when planning their trips. Therefore, among the main thematic thrusts of the Tourism Innovation Global Summit, the use of artificial intelligence to drive innovation through case studies, data-driven personalization strategies, the irruption of robotics, the impact of digital solutions on business profitability, and the adoption of technologies focused on sustainability stand out. New channels to attract travelers, collaborative platforms and technological tools to reduce operating costs will also be explored. Moreover, in a context marked by changing consumer habits, today's travelers increasingly prioritize authentic experiences, access to personalized proposals and sustainable options that minimize their impact on the territory. According to recent reports, 89% of tourists say they want to travel more consciously and responsibly, choosing destinations that respect local culture and the environment, 74% look for sustainable accommodations and more than 60% are inspired by digital channels (such as social networks, travel blogs or video platforms) to plan their getaways. This highlights the broad transformation in which the sector is immersed. Faced with this evolution of the traveler, TIS-Tourism Innovation Summit 2025 is positioned as a key meeting point for travel industry players who want to adapt and lead this change. With a focus on innovation, digitization and sustainability, the event seeks to offer destinations and tourism companies the necessary tools to reformulate their business models to integrate naturally into the traveltech industry. TIS2025 will undoubtedly contribute to anticipate the expectations of new travelers and build a more resilient, personalized and sustainable tourism, aligned with market demands and the Sustainable Development Goals=.
Local Spain
5 days ago
- Climate
- Local Spain
KEY POINTS: Everything that changes in Spain in June 2025
Last day to file your tax return online June 30th is officially the end of the tax campaign for earnings in 2024, but if you want to pay via direct debit or if you are owed any money back and what to be paid directly into your bank account, you must do it by June 25th. School's break up for summer June also sees the end of the school year and the start of the official summer season across Spain. Most schools in most regions will have their last day on Friday June 20th, but some may continue on an extra week or so, depending on the type of school and area. It's always better to check with your local authority for exact term dates. Anti-tourism protests Overtourism protests organised by the Southern Europe Network Against Touristification are due to take place on June 15th across many major cities and islands. As well as marches through crowded tourist areas, they are planning picket lines at airports and famous landmarks, blockades for tour buses and occupations of key tourist sites. Changes to ATMs in Spain According to the Accessibility Law approved in May 2023, ATMs must be accessible to all users regardless of their abilities or condition. This means that starting from June 28th, all ATMs in Spain will have to aim to provide information through multiple sensory channels. This includes bigger font, high-contrast screens, along with voice guidance systems and braille keyboards. Banks will have until June 29th, 2030, to adapt existing ATMs to the new regulations. Scam calls from abroad to be blocked in June The Ministry of Digital Transformation and Public Service has called for phone companies to block spam calls from abroad. The new rules came into effect on March 7th and established a maximum period of three months until June 7th for operators to begin blocking calls. Telefónica has already begun blocking calls and SMS messages originating from other countries that use Spanish numbers. June to be hot and dry Spain's State Meteorological Agency (AEMET) has shared its forecast for the next few weeks. It has stated that "the week between May 26 and June 1st will be warmer than normal throughout Spain, especially in the interior of the Peninsula." Temperatures could even reach or exceed 34°C in large areas of the country, especially in the valleys of major rivers by the beginning of next month. June will be "Hot with little rain and predominantly stable weather in most of Spain," the agency wrote in a message on the social network X. Madrid to launch 'Operation Tarmac' Madrid City Council has launched an 'Operation Tarmac' campaign, which will involve renovating 256 streets across the city throughout the summer months, starting in June. Roads will be assessed for renovation depending on their level of wear and the average amount traffic they support. The total investment of the works will cost €12.2 million and cover 604,425 square metres. After nearly two years of renovations, the Sant Antoni-Joan Oliver municipal library in Barcelona's Eixample district will reopen on June 2nd. The renovation has improved the air-conditioning, lighting, and thermal insulation at an investment of €3.15 million. There will also be a new area for children. Possible nationwide healthcare strike on June 13th The medical unions, which called a doctors' strike in February for May 23rd, have now postponed the strike until June 13th. The strike committee is formed by the Spanish Confederation of Medical Unions (CESM) and the Andalusian Medical Union (SMA) who have been protesting Framework Statute for healthcare workers. This includes the incompatibility of working in both the private and public sectors at the same time and the regulation of on-call shifts. If it goes ahead, the strike will be at a national level and last the whole day on June 13th. Corpus Christi celebrations take place The Corpus Christi celebrations across Spain will take place this year around June 19th. The festivities commemorate the body of Christ and occur nine weeks after Easter. The festival is celebrated very differently across the country. In the Catalan town of Sitges, Elche de la Sierra in Albacete, and some places in Tenerife, for example locals make brightly-coloured patterned carpets on the streets, made of either flower petals or sawdust. In Granada, they have elaborate processions, while in Barcelona they decorate the city's fountains with flowers and place an egg to 'dance' in the water. Noche de San Juan June is also the month Spain celebrates the Noche de San Juan or Nit de Sant Joan in Catalonia. Saint John's Eve occurs on the night of June 23rd and sees Spaniards across the country celebrating with bonfires and fireworks. It marks St John the Baptist's birth as well as one of the shortest nights of the year. Again, this festival is different, depending on where you are in the country. In Galicia, Pagan traditions of banishing evil mix with religious ones as bonfires are set up on the beaches and people jump over them for good luck. In Catalonia, towns and cities go all out to celebrate Sant Joan with firecrackers, fireworks, and traditional sweet coca bread. And in Alicante Las Hogueras or Les Fogueres take place, which similar to Valencia's Las Fallas festival where large papier-mâché sculptures are burnt. Batalla del Vino Another festival taking place in June is the Batalla del Vino or Wine Battle in the Riojan town Haro. Here on June 29th locals gather for a giant wine fight. Everyone meets on a hillside outside the town dressed in white and by the time the fight is over, everyone's clothes have turned to shades of red and purple grapes.
Yahoo
23-05-2025
- Entertainment
- Yahoo
Javier Bardem, Penelope Cruz & Pedro Almodovar Among Stars Signing Open Letter In Support Of Exiting Movistar Exec Domingo Corral
Pedro Almodóvar, Javier Bardem and Penélope Cruz have signed an open letter expressing support for departing Movistar Plus+ content chief Domingo Corral. It was announced last week that Corral would be exiting his role as Director of Fiction & Entertainment at the Telefónica-owned streamer – news that followed a spate of other major management changes. More from Deadline Penélope Cruz & Javier Bardem To Play Married Couple On Rocky Terrain In Florian Zeller's Psychological Thriller 'Bunker'; FilmNation Launches Cannes Market Hot Project Pedro Almodóvar Blasts Donald Trump As "The Greatest Mistake Of Our Time" As Director Accepts Lincoln Center Award Pedro Almodóvar To Receive 50th Chaplin Award From Film At Lincoln Center; Dua Lipa And John Waters Among Presenters The surprise announcement has now led 144 Spanish entertainment industry professionals to put their name to the open letter, which was reported in several local news outlets. 'In light of Domingo Corral's departure as director of fiction and entertainment at Movistar+, after 10 years working to bring Spanish film and series to the top of the national and international audiovisual scene, we would like to express our deepest gratitude to him and his entire team,' the letter begins. 'During a decade that has been revolutionary in the sector, thanks also to Telefónica's commitment to the creation of original content, Domingo Corral and his entire team have championed an idea: A project based on respect for creators, close collaboration with independent producers and listening to all the partners they have worked with, without ever neglecting their focus on entertainment. 'The achievements of their series and fiction projects, endorsed by critics and audiences, are evident. They have created series and produced films that are now part of Spain's audiovisual legacy and have won, year after year, the most prestigious audiovisual awards in Spain and abroad.' Corral had joined Movistar Plus+ in 2014 and oversaw its move into scripted originals. He was promoted to his current role in 2023, as his power at telecoms provider Telefónica grew. However, his exit closely followed Marc Murtra being named Telefónica's President in January and Daniel Domenjó installed as Movistar Plus+ CEO two months later. 'In addition to greatly benefiting the industrial fabric of the sector over these 10 years and helping to provide opportunities for new voices, Domingo Corral's team has also been an example for many of us when it comes to how to approach projects,' the latter added. 'Their dedication, honesty, and transparency have made this possible. #ThankYouDomingoCorral.' The signatories include Cannes Critics' Week Jury President Rodrigo Sorogoyen, Javier Cámara, Paco León, Alauda Ruiz de Azúa, whose Movistar Plus+ series Querer was among Spain's most talked about and critically acclaimed of 2024, and Alejandro Amenábar, whose series La Fortuna for the streamer launched recently. On the scripted side, Corral is being replaced by Jorge Pezzi, the former CEO of Spanish production house Boomerang TV, while ex-ITV Studios Iberia exec producer Hugo Tomás will take on non-fiction and entertainment. El País reports that the open letter is a request to the new bosses to keep up the standards Corral and his team have set with series such as Querer and Javier Calvo and Javier Ambrossi (the Javis)'s La Mesias. The company currently has projects in place with Sorogoyen, the Javis and Alberto Rodríguez, along with Cannes competition title Sirat, which is directed by Oliver Laxe. Movistar Plus+ couldn't be contacted before press time today. We've reached out to reps for Bardem, Cruz and Almodovar. Best of Deadline Book-To-Movie Adaptations Coming Out In 2025 TV Show Book Adaptations Arriving In 2025 So Far Everything We Know About 'Emily In Paris' Season 5 So Far
Business Upturn
21-05-2025
- Business
- Business Upturn
Millicom (Tigo) to Acquire Telefónica's Operations in Uruguay for USD 440 Million, Expanding Presence in South America
By GlobeNewswire Published on May 22, 2025, 01:45 IST Millicom (Tigo) to Acquire Telefónica's Operations in Uruguay for USD 440 Million, Expanding Presence in South America Key Highlights: Acquisition strengthens Millicom's presence and scale across South America. Expected to be EFCF accretive starting in 2026. Diversifies Millicom's cash flow sources in a country with a favorable macroeconomic outlook and investment-grade credit rating. Significant synergies anticipated across network, operations, and commercial integration. Positive market outlook supported by a stable regulatory environment and strong mobile market fundamentals, providing a solid foundation for sustainable growth. Luxembourg, May 21, 2025 — Millicom International Cellular S.A. ('Millicom') today announced it has entered into a definitive agreement to acquire 100% of Telefónica Móviles del Uruguay S.A. for an enterprise value of USD 440 million. This strategic acquisition aligns with Telefónica's regional repositioning and enables Millicom to consolidate its leadership position in South America. Millicom expects the transaction to be EFCF accretive as early as 2026, driven by operational efficiencies and integration with its existing regional footprint. Upon closing, the company anticipates immediate scale benefits, enhanced synergies, and long-term value creation across its Latin American platform. The transaction further diversifies Millicom's cash flow sources, reducing overall risk supported by Uruguay's stable macroeconomic environment and investment-grade credit rating (BBB+). The deal is expected to temporarily increase Millicom's leverage by approximately 0.1x. Strategic Rationale: Acquisition of a well-established, profitable mobile operator with nationwide coverage in Uruguay. Infrastructure and commercial synergies with Millicom's existing operations in Paraguay and Bolivia. Strengthens Millicom's digital ecosystem, enabling enhanced bundling and service innovation. Reinforces Millicom's mission to accelerate digital inclusion and sustainable development in Latin America. Marcelo Benitez, CEO of Millicom, stated: 'This acquisition represents a key milestone in our purposeful growth strategy across Latin America — especially in Uruguay, a country with strong fundamentals and a forward-looking digital agenda. We are committed to being a long-term partner in Uruguay's digital development by investing in mobile infrastructure, improving service quality, and fostering innovation and talent development.' The transaction remains subject to customary closing conditions, including regulatory approvals. Country Profile: Uruguay Highest GDP per capita in Latin America at USD 22,400 (2024), with a stable currency and investment-grade economy (BBB+). Politically and institutionally stable, offering a favorable regulatory environment for foreign investment. Telecommunications market includes three mobile network operators and a competitive fixed-line and pay TV landscape. Telefónica Uruguay is the second-largest mobile operator, operating in a stable and growing market. Mobile market growing approximately 4% annually since 2022, driven by rising postpaid adoption and the region's highest ARPU. Regulatory focus remains on quality of service and universal access. -END- For further information, please contact: About Millicom Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, Florida. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
21-05-2025
- Business
- Yahoo
Millicom (Tigo) to Acquire Telefónica's Operations in Uruguay for USD 440 Million, Expanding Presence in South America
Millicom (Tigo) to Acquire Telefónica's Operations in Uruguay for USD 440 Million, Expanding Presence in South America Key Highlights: Acquisition strengthens Millicom's presence and scale across South America. Expected to be EFCF accretive starting in 2026. Diversifies Millicom's cash flow sources in a country with a favorable macroeconomic outlook and investment-grade credit rating. Significant synergies anticipated across network, operations, and commercial integration. Positive market outlook supported by a stable regulatory environment and strong mobile market fundamentals, providing a solid foundation for sustainable growth. Luxembourg, May 21, 2025 — Millicom International Cellular S.A. ('Millicom') today announced it has entered into a definitive agreement to acquire 100% of Telefónica Móviles del Uruguay S.A. for an enterprise value of USD 440 million. This strategic acquisition aligns with Telefónica's regional repositioning and enables Millicom to consolidate its leadership position in South America. Millicom expects the transaction to be EFCF accretive as early as 2026, driven by operational efficiencies and integration with its existing regional footprint. Upon closing, the company anticipates immediate scale benefits, enhanced synergies, and long-term value creation across its Latin American platform. The transaction further diversifies Millicom's cash flow sources, reducing overall risk supported by Uruguay's stable macroeconomic environment and investment-grade credit rating (BBB+). The deal is expected to temporarily increase Millicom's leverage by approximately 0.1x. Strategic Rationale: Acquisition of a well-established, profitable mobile operator with nationwide coverage in Uruguay. Infrastructure and commercial synergies with Millicom's existing operations in Paraguay and Bolivia. Strengthens Millicom's digital ecosystem, enabling enhanced bundling and service innovation. Reinforces Millicom's mission to accelerate digital inclusion and sustainable development in Latin America. Marcelo Benitez, CEO of Millicom, stated: 'This acquisition represents a key milestone in our purposeful growth strategy across Latin America — especially in Uruguay, a country with strong fundamentals and a forward-looking digital agenda. We are committed to being a long-term partner in Uruguay's digital development by investing in mobile infrastructure, improving service quality, and fostering innovation and talent development.' The transaction remains subject to customary closing conditions, including regulatory approvals. Country Profile: Uruguay Highest GDP per capita in Latin America at USD 22,400 (2024), with a stable currency and investment-grade economy (BBB+). Politically and institutionally stable, offering a favorable regulatory environment for foreign investment. Telecommunications market includes three mobile network operators and a competitive fixed-line and pay TV landscape. Telefónica Uruguay is the second-largest mobile operator, operating in a stable and growing market. Mobile market growing approximately 4% annually since 2022, driven by rising postpaid adoption and the region's highest ARPU. Regulatory focus remains on quality of service and universal access. -END- For further information, please contact: Press: Investors: Sofia Corral, Director Corporate Communications press@ Michel Morin, VP Investor Relations investors@ About MillicomMillicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, in to access your portfolio
