CK Hutchison and Telefónica partner to offer digital communications services to global enterprises
CK Hutchison Holdings Limited (CK Hutchison) and Telefónica are partnering to offer fixed, mobile and other digital communications solutions to large enterprises and multinational companies (MNCs).
Under the terms of the collaboration, Telefónica and CKH Innovations Opportunities Development (CKH IOD), the international development hub of CK Hutchison, will work together under a commercial cooperation to serve MNCs and large enterprises in their respective footprints supporting them in their digital transformations.
“Within CKH IOD we are constantly exploring new ways to build on and strengthen our existing enterprise and MNC capabilities,” said Susan Buttsworth, CEO of CKH IOD. “This partnership with Telefonica is key to this growth strategy. It enhances our own capabilities across our territories, gives us access to a world-class suite of digital solutions and enables our customers to access services through Telefonica’s footprint in the rest of Europe and Latin America as well as through the other operators in the partner program.”
Both companies will leverage their product portfolios to and sales teams to enhance their joint capability to offer high-quality solutions in these markets.
“We are very pleased with the alliance with CKH IOD, its amazing track record and the synergies that will create,” added Jacobo García-Palencia, global director of strategic alliances at Telefónica. “It will reinforce our partners program as a way to jointly capture the opportunities that digital transformation offers our customers. We are confident that this agreement will bring important benefits to both our groups and continue to enhance our strong network of telco partners across the world.”
In addition, the agreement also stipulates that CK Hutchison’s 3 Group in Europe will join 10 other operators in the Telefonica partners program. It will be initially deployed in Italy through Wind Tre, followed by the 3 Group’s telecoms operations in Austria, Denmark, Ireland and Sweden.
Telefónica and CK Hutchison will not collaborate in any way in the UK, where they continue to operate and compete independently.