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Part of the Telefónica Group (the former Spanish public telephone monopoly), Terra operated as a web portal or Internet access provider in the United States, Spain and 16 Latin American countries. It was founded in 1999 as Terra Networks, S.A., a publicly traded company with Telefónica as its main shareholder.
Spanish telecommunications giant Telefonica Saturday said it had replaced its president in a surprise move driven by pressure from major shareholders. An emergency meeting of the company's board ...
In 2023, Saudi Arabia's STC Group became Telefónica's largest shareholder, building a stake worth 2.1 billion euros ($2.23 billion) through shares and convertible financial instruments. [9] In December 2023, the Spanish government announced plans to acquire a stake of up to 10% in Telefónica worth $2.2 billion through the state holding ...
On 4 August 2010 the major telecommunications group Telefónica acquired 85% of Tuenti's shares for a total of 70 million euro, becoming its largest shareholder. [14] In that same year, Tuenti started the development of a light virtual mobile network operator which worked completely under the Movistar (Telefónica) infrastructure. Later, in ...
Telefonica's (TEF) battle to acquire a controlling stake in Brazil's leading mobile phone company, Vivo, has reached a resolution, with the Spanish telecom giant ponying up nearly $9.75 billion to ...
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Telefonica UK Limited, trading as O2 (stylised as O 2), is a British telecommunications services provider, headquartered in Reading, England which operates under the O2 brand. [3] It is owned by VMED O2 UK Limited , a 50:50 joint venture between Telefónica and Liberty Global .
Juan Villalonga Navarro (born April 8, 1953) is a Spanish businessman. [1] He was a partner at McKinsey & Company in the 1980s, CEO for Credit Suisse First Boston and Bankers Trust in Spain in the early 1990s, and CEO of Telefónica from 1996 to 2000.