Telefónica Will Improve Its Network to Withstand 12-Hour Blackouts: «We Were Not Prepared»
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5 Articles
MADRID, 4 (EUROPA PRESS) Telefónica's subsidiary in Chile has resumed the process of selling its corporate headquarters in the capital of the South American country, a project that stopped in 2019 "in the wake of the social outbreak and pandemic" and with which the company seeks to strengthen its investments in "connectivity and transformation [...] La entrada Telefónica resumes the process of selling its corporate headquarters in Chile to stren…
Marc Murtra, president of Telefónica, that the Spanish telecommunications system «is not designed for a complete blackout of 12 hours» like the one that the country lived last April. Therefore, the company is «revising» the network and «thinking very carefully what to do and what to change» to «improve the situation and resilience» after what happened, both in Spain and in the other countries in which it has presence. This has been assured by th…


Marshall Wace has again reduced its short position in Telefónica at the beginning of July. According to records from the National Securities Market Commission (CNMV), the fund reduced its short position from 0.59% to 0.47% as of July 1. This move follows the one it made in June, when it retreated from 0.68% to 0.59%. Following its latest move, only one short investor remains with a position above 0.50%. This is BlackRock IM, with 0.73%. Furtherm…
Confidence in Telefónica appears to be gaining ground, even among those who had previously predicted its downfall. British fund Marshall Wace has again reduced its short position in the operator, dropping from 0.59% to 0.47% according to records from the National Securities Market Commission (CNMV) on July 1. Read more]]>
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