Telefónica merges three business units to launch Telefónica Global Solutions
Telefónica Group has announced plans to combine its wholesale businesses (TIWS), roaming and multinational clients under a new unit and brand: Telefónica Global Solutions.
The news underscores the company’s ongoing transformation process and according to the business marks another step in its international business strategy. The new unit was created with the goal of facilitating the global connection of people and companies.
Back in November 2019, Telefónica chairman & CEO José María Álvarez-Pallete revealed the group’s new strategy to spin off company assets and prepare for industry 4.0. The 5-point plan included:
to prioritise Spain, Brazil, the UK and Germany, as key markets.
the operational spin-off of its businesses in Hispanoamérica; launch of Telefónica Tech, a newly created unit for the B2B segment focused on cybersecurity, IoT and Big Data, and cloud.
the creation of Telefónica Infra which will house towers, distributed antenna systems, data centres (including Edge), greenfield fibre projects and subsea cables assets.
and evolve its operating model to increase agility, speed up execution and maximise synergies between all Telefónica units.
Telefónica Global Solutions part of Telefónica's transformation and action plan, combines these three businesses whose teams are now joining forces to increase their capabilities and continue to support partners and customers, with a consistent and complete service offering.
“With Telefónica Global Solutions we not only reinforce the commitment we have with our clients, accompanying them in their own transformation, offering them innovative and global solutions throughout the world, but we also align ourselves even more with the Group's mission by putting people and companies at the centre of everything,” said Julio Beamonte (pictured), CEO of Telefónica Global Solutions.
In total, the new unit serves more than 1,500 global customers, including 400 operators around the world, direct sales in the US, and multinational companies served in more than 20,000 facilities around the world.
In addition, leveraging a network of more than 100 strategic partners and more than 400 roaming agreements, Telefónica Global Solutions delivers service in 170 countries. The more than 110 points of presence increase the capillarity of its network, transporting an average of more than 15,000 million voice minutes and 130 petabytes of roaming data transmission each year.