Latest news with #Telefónica
Yahoo
19 hours ago
- Business
- Yahoo
Telefonica SA (TEF) Getting Rid of Huawei Equipment in Europe
Telefónica, S.A. (NYSE:TEF) is one of the best low-priced stocks to buy right now. On July 30, the company confirmed it is replacing all of its 5G equipment made by Chinese manufacturer Huawei within the European Union. EvgeniiAnd/ The change will affect the company's equipment in Spain and Germany as it seeks to comply with local regulations. Telecom companies in the European Union are required to remove Huawei-made devices from core 5G networks due to security risks. The ban also applies in Britain, whereby Telefonica says it has very low exposure to Huawei equipment on its network. Nevertheless, the company plans to maintain its equipment in Brazil as the rules don't apply there. Brazil and Latin American nations have yet to ban or restrict the use of Huawei networking equipment. Telefónica, S.A. (NYSE:TEF) is a multinational telecommunications company that provides a wide range of services. It offers fixed and mobile telephony, broadband, and subscription television, as well as digital solutions such as cloud computing and cybersecurity. It maintains operations in Europe and Latin America, serving individuals and businesses. While we acknowledge the potential of TEF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Entertainment
- Yahoo
Eurovision Drama and ‘The Nameless': Movistar Plus+ Exec Touts Focus on Event Programming
Ambition, emotion and event programming — those are some of the key factors that Spanish pay-TV and streaming giant Movistar Plus+ is looking for in its originals, including its Eurovision Song Contest drama miniseries La Canción (The Song). Susana Herreras, manager of original fiction content production at the company, which is part of Telefónica, touted several examples of such content at the Conecta Fiction & Entertainment industry gathering in Cuenca, Spain, on Tuesday. More from The Hollywood Reporter In Spain, Warner Exec Explains the HBO Max Rebrand Richard E. Grant, Ruth Jones to Star in 'The Other Bennet Sister' for BBC, BritBox European Box Office Revenue Rises (Barely) Despite Softer Admissions She showed a teaser for the recent series La Canción, which tells the story of how Spain under General Franco in 1968 upset the U.K. frontrunner Cliff Richard and his 'Congratulations' to win the Eurovision Song Contest with Massiel's 'La la la.' Created by Pepe Coira and Fran Araújo, and directed by Alejandro Marín, the series stars Carolina Yuste, Patrick Criado, Àlex Brendemühl, and Marcel Borràs. Movistar Plus+ Internacional is distributing the show outside of Spain. Herreras also teased the psychological thriller series Los Sin Nombre (The Nameless), which is set to debut in June. Created by Pau Freixas and Pol Cortecans, written by the latter and directed by the former, the series stars Miren Ibarguren, Rodrigo de la Serna, and Milena Smit. 'It is key for us to manage to make projects into events,' the Movistar Plus+ executive told Conecta. 'We need to have an emotional connection.' One of the most important keys for the Spanish player is ambition, Herreras concluded. 'This is how we want to be defined.' At a time when more and more industry players look for co-productions to put together the budgets needed for the kind of ambition that audiences expect these days, Movistar Plus+ is always open for co-producers where it makes sense. 'We have the will to keep looking for partners,' Herreras explained. Earlier in the Conecta conference day, executives from the likes of Gaumont Television and Warner Bros. Discovery discussed their original programming plans and the state of the TV industry. Best of The Hollywood Reporter 'The Studio': 30 Famous Faces Who Play (a Version of) Themselves in the Hollywood-Based Series 22 of the Most Shocking Character Deaths in Television History A 'Star Wars' Timeline: All the Movies and TV Shows in the Franchise
Yahoo
13-06-2025
- Business
- Yahoo
Millicom (Tigo) Strengthens South American Leadership with USD 380 Million Acquisition of Telefónica Ecuador
Millicom (Tigo) Strengthens South American Leadership with USD 380 Million Acquisition of Telefónica Ecuador Key Highlights: The acquisition reinforces Millicom's strategic position and operating scale in Latin America, strengthening its platform for long-term regional growth. The acquisition also enhances Millicom's geographic diversification, with the addition of Ecuador — a stable, dollarized economy with a supportive macroeconomic outlook — strengthening overall cash flow resilience. Ecuador's telecom sector shows consistent growth and regulatory momentum, offering a solid runway for long-term expansion and innovation. Luxembourg, June 13, 2025 – Millicom International Cellular S.A. ('Millicom') has signed a definitive agreement to acquire Telefónica's telecommunications operations in Ecuador in a transaction valued at USD 380 million. This acquisition aligns with Telefónica's broader strategy to reshape its portfolio in Latin America and presents Millicom with a strategic opportunity to strengthen its presence in South America, expanding into a stable, dollarized economy with favorable macroeconomic fundamentals. The deal significantly enhances Millicom's regional footprint and commercial reach, laying the foundation for innovation, digital inclusion, and sustained long-term growth. Ecuador's telecommunications sector — supported by consistent expansion in mobile and broadband services and an engaged regulatory environment — offers a compelling platform for Millicom to drive digital transformation. Marcelo Benitez, CEO of Millicom, commented: "This acquisition reflects our long-term confidence in Latin America and our commitment to purposeful, sustainable growth. Ecuador offers a dynamic and growing digital market within a stable, dollarized economy, making it a natural fit for Millicom's strategy. By expanding our presence in South America, we strengthen our platform for innovation, diversification, and long-term value creation.' The transaction is subject to regulatory approvals and other closing conditions. Ecuador Profile: Ecuador has a population of approximately 18.5 million (2025 est.), with a median age of 32.4 and 66% living in urban areas. Dollarized, open economy with resilience across energy, agriculture, and services. The fiscal deficit dropped from 3.5% to 1.4% of GDP in one year, while reserves increased by USD 2.4 billion. Backed by a USD 4 billion IMF facility, Ecuador is strengthening its macroeconomic stability without cutting social spending. IMF and World Bank-supported reforms are enhancing transparency, governance, and private-sector conditions, especially in infrastructure, energy, and telecom. Telefonica Ecuador ranks second in mobile in a fragmented telecom landscape. Mobile and broadband markets show consistent growth: +1.4% mobile, +3.6% fixed broadband. Telecom´s sector demonstrated resilience through recent economic volatility. -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, Florida.
Indianapolis Star
11-06-2025
- Business
- Indianapolis Star
MATRIXX Software Collaborates on Groundbreaking TM Forum Catalyst for Spatial Web Monetization
Team of global leaders to showcase telcos' advancing role in enabling immersive, context-aware digital experiences MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled 'Spatial Web: Open Gateway to the Immersive Future.' The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and will be unveiled at TM Forum's Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark. The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum's Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the 'killer apps' of the Spatial Web. 'Real-time, scalable monetization capabilities will be central to telcos' role in the Spatial Web ecosystem,' said Marc Price, chief technology officer at MATRIXX Software. 'This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike.' The Spatial Web Opportunity The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time. A Gateway to the Next Internet Era Built on TM Forum's Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include: First implementation of TMF936 Operate API for dynamic product catalog exchange Usage data exchange standardization via TMF937, enabling automated billing and settlement Flexible CAMARA API pricing models supporting diverse application monetization Integration of the Decentralized Spatial Web Protocol (DSSP) to orchestrate real-time, immersive experiences Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy. Scaling the Open Gateway The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale. Visit the Catalyst at DTW The 'Spatial Web: Open Gateway to the Immersive Future' Catalyst will be presented at DTW's Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here. About MATRIXX Software MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets. For more information, please visit Media Contact mediainquiry@ SOURCE: MATRIXX SOFTWARE View the original press release on ACCESS Newswire
Associated Press
11-06-2025
- Business
- Associated Press
MATRIXX Software Collaborates on Groundbreaking TM Forum Catalyst for Spatial Web Monetization
Team of global leaders to showcase telcos' advancing role in enabling immersive, context-aware digital experiences FOSTER CITY, CA / ACCESS Newswire / June 11, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled 'Spatial Web: Open Gateway to the Immersive Future.' The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and will be unveiled at TM Forum's Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark. The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum's Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the 'killer apps' of the Spatial Web. 'Real-time, scalable monetization capabilities will be central to telcos' role in the Spatial Web ecosystem,' said Marc Price, chief technology officer at MATRIXX Software. 'This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike.' The Spatial Web Opportunity The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time. A Gateway to the Next Internet Era Built on TM Forum's Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include: Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy. Scaling the Open Gateway The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale. Visit the Catalyst at DTW The 'Spatial Web: Open Gateway to the Immersive Future' Catalyst will be presented at DTW's Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here. About MATRIXX Software MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets. For more information, please visit Media Contact [email protected] SOURCE: MATRIXX SOFTWARE press release
