Tag Archives: José María Álvarez-Pallete

Colombia aims to sell its stake in Telefonica

The Colombian Government is trying to sell the state’s 32.5% stake in Telefónica’s subsidiary in the country, according to several specialized websites. According to the Spanish newspaper La Información, the operation is expected to take place in the short or medium term, once an adequate market window is identified. Colombia had already tried to sell [...]

Telefonica’s President arrives at Latin America to boost the company’s new plan in the region

Telefónica launched its plan to decouple its operations in Latin America ( not including Brazil) and focus its business in Brazil, Spain, the United Kingdom and Germany. The company’s President, José María Álvarez-Pallete, visited Telefonica’s markets in Argentina, Colombia, Chile, Peru and Venezuela this week to boost the process. At the meetings, the executive shared [...]

Telefonica restructures its operations in Latin America and bets on Brazil and other markets outside the region

Telefónica announced a new action plan, which includes decoupling its operations in Latin America (not including Brazil) and focusing its business in Brazil, Spain, the United Kingdom and Germany. The announcement was made by José María Álvarez-Pallete, Executive Chairman of the Telefónica Group through a letter to the entire community of the company, entitled The [...]