Background: Until the 1990s the government-controlled public company known since May 1988 as Telefónica de España‚ S.A. (Telefónica)‚ was the dominant player in the Spanish telecommunications industry. Like many of its international counterparts‚ however‚ Telefónica was fully privatized in 1997 and became known as Telefónica S.A. the following year when basic telephony in Spain was deregulated. By 2001‚ Telefónica S.A. operated as the leading telecommunications concern in the Spanish and Portuguese-speaking
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Presentation of Telefonica IBOM SPAIN Contents Presentation of telefonica Economic Strategy & FDI Conclusion 3 01 Presentation of Telefonica Telefónica‚ S.A. Who we are ? Telefónica is one of the global leaders of communication technology by its 317‚3 millions customers in 24 countries and more than 1.5 million direct shareholders. Telefónica’s brands : History of Telefonica ● ● ● In 1924 ‚ Telefónica Company (Compañía Telefónica Nacional de España
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What changes in the political and economic environment allowed Telefonica to start expanding globally? Solution: Around 1990’s‚ there were many changes both on political and economic front which actually change the working conditions for all the companies in different industries including Telefonica which was a state owned typical monopoly company in national telecommunication sector in Spain. Some of the political changes are as under: The government privatized the company. There were many
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INTERNATIONAL BUSINESS Case Study 3: Telefonica Group 8: |Bùi Thanh Nam | |Lê Minh Ngân | |Phạm Phương Ngọc | |Đinh Vũ Công Nguyên | |Nguyễn Thu Phương
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James Staedler INBS 250-10 October1‚ 2013 Case 1: Spain’s Telefonica The Spanish telecommunications monopoly Telfonica‚ was founded in the 1920s and was state-owned until it was privatized by the government in the 1990s. At the same time the telecommunications industry in Spain was being deregulated. This followed a global trend of privatization that began in Britain in the 1980s when Margaret Thatcher sold the state-owned telephone company British Telecom. The decision to privatize
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Case Study – Spain’s Telefonica 1. The changes that were involved in the political and economic environment‚ which allowed Telefonica to start expanding globally‚ were privatization and deregulation. Spain’s Telefonica was established in the 1920s being a state-owned national telecommunications monopoly. Soon‚ the Spanish government privatized it‚ as well as deregulated the market for Spanish telecommunications. Due to these changes‚ Telefonica has a reduction in workforce‚ rapid adoption of new
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Taylor September 29‚ 2014 Professor Nabil Nahra International Business Case 1: Spain’s Telefonica Telefonica is a Spanish broadband and telecommunication provider in Europe and Latin America. They are one of the largest telecommunications companies in the world in terms of market capitalization and number of customers. The company was founded on April 19‚ 1924 and headquarter is located in Madrid‚ Spain. They are one of the world’s leader integrated operator in the telecommunication sector.
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Analysis of Telefónica Case—re-enter Latin America After having a conference call with a senior Telefónica official‚ I fully analyzed the Latin American market and Telefónica’s situation‚ and I think that re-entering Latin America might be a good choice for Telefónica in the future based on the following reasons. Latin America emerged as the second most important and favorable region in the developing world for FDI inflows and it had totally 141 billion inward investments in 2008. Moreover‚ as
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SPAIN Gonzalo Figueroa Schiller International University Abstract Spain is member state of the European Union. With an area of 505‚992 km2 is the fifth largest country in Europe. It has a population of 46 million and the official language is the Spanish. Talking economically‚ is the fourth largest country in the Eurozone‚ the fifth in the European Union and the fourteenth largest worldwide. GOVERNMENT Spain is a
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Telefonica What changes in the political end economical environment allowed Telefonica to start expanding globally? •Privatization •Deregulation Why did Telefonica initially focus on Latin America? Why was it slower to expand in Europe‚ even thought Spain is a member of European Union? •Similar culture •Agreements between companies Telefonica has used acquisitions‚ rather than greenfield ventures‚ as its entry strategy.Why do you think this has been the case? •acquisitions has
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