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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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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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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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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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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process presents some challenges and many ventures often fail in their way to success (Bridge et al. 2009) This is not the situation for Giffgaff‚ a case of a successful intrapreneurial venture based on an unusual business model within the telecom sector. Giffgaff is a UK based MVNO (Mobile Virtual Network Operator)‚ powered and owned by Telefonica O2 UK; however‚ it operates as a completely separate subsidiary company. It was founded in 2009 by Gav Thompson‚ head of brand strategy for O2‚ who established
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several key challenges as they try to manage people from differing cultures to help them meet their internationalization goals. The acquisition of o2 Germany‚ then a German subsidiary of the o2 Plc Group‚ by Telefónica S.A‚ the Spanish telecommunication incumbent‚ in January 2006 will be used as a case-study to present some of the key cross cultural management challenges that an MNC may encounter. The rest of this paper is organized to briefly analyze and compare the German and Spanish cultural stereotypes
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Case Study: British Telecom: Searching for a winning strategy Tuomo Summanen Michael Pollitt Judge Institute of Management November 2002 1. Introduction The development of the telecommunications market in the United Kingdom and the corporate strategy and development of the incumbent‚ British Telecom‚ represents an interesting object of analysis for several reasons. First‚ the UK telecommunications market was - along with the U.S. market - among the first telecommunications market that
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Kyria 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
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