Tag

Movistar Play

Browsing

What: Spanish Telcom company Telefónica has announced a full reorganization including dividing the company into two main units, Hispam South and Hispam North.
Why it matters: While at a disadvantage in the Latin American markets, Telefónica has started a series of efforts to compete with Telcom giants such as Televisa and Telmex.

Telefónica, the Spanish Telcom company, has decided to divide the firm into two units in Latin America: Hispam South, which includes Argentina, Chile, Peru, and Uruguay; and Hispam North, including Colombia, Mexico, Central America, Ecuador, and Venezuela. The split stems from the firm’s objective to better tend to each market’s demands.

Hispam South will be led by Bernardo Quinn, while Alfonso Gómez Palacio will be in charge of Hispam North.

The digital world demands a permanent renovation.

“The digital world demands a permanent renovation”, said José María Álvarez-Pallete, president of Telefónica. He also commented this new structure will allow the company to be “more agile, simpler, and definitely focused on management, customer service, growth, efficacy, and rentability.”

Apart from the division into two regions, Telefónica will completely restructure itself by creating new roles and bringing in new talents.

This is only one of the efforts the company has made in Latin America; Telefónica is fighting on all fronts. In November 2017, it invested EUR $183 billion in Telefónica Movistar Mexico, to compete with Telcel in terms of 4G technology. Also, the Spanish firm has signed a deal with Viacom, by which channels such as MTV, Paramount, Comedy Central, and Nickelodeon will be available in Latin America through Movistar Play, Telefónica’s OTT platform. Finally, they plan to become internet providers in Mexico, where they will compete against Televisa and Telmex, who have 22% and 56.2% share in the market.

RTVE, the public TV broadcaster from Spain, has partnered with Movistar Play to stream content in Latin America.

RTVE has announced more details about their aforementioned intention to close a deal with a Latin American OTT platform.

During the last meeting of the management board at RTVE, they announced Movistar Play will add three international channels from the Spanish broadcaster: TVE International, Star HD, and Clan.

The alliance with Movistar Play, available in Ecuador, Uruguay, Costa Rica, El Salvador, Panamá, Colombia, Perú, Nicaragua, Argentina, Chile, and Brasil, will allow RTVE to distribute their most recent international channel for children, Clan.

RTVE also announced that TVE will be a part of Claro and Movistar Argentina, even though the telecommunications company does not have a TV streaming operation there. The news channel “24 horas” will be broadcast in Mexico through satellite TV service Dish.