Telefónica simplifica sus negocios en España
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Telefónica, a Spanish telecommunications company, has simplified its business operations in Spain by reorganizing its Spanish subsidiary, Telefónica España. The board of directors approved a restructuring plan that aims to focus on the company's main businesses and increase growth speed. The new structure comprises three commercial business units: B2B España (B2B Spain), B2C España (B2C Spain), and the Wholesale Spain unit.
B2B Spain, led by Borja Ochoa, is the fastest-growing business unit in Spain, driven by the increasing adoption of cloud services, cybersecurity, artificial intelligence, and other digital solutions by Spanish companies. B2C Spain, headed by Oscar Candiles, will oversee residential connectivity, television, hardware, devices, and the Movistar+ content business.
Candiles, previously Telefónica España's second-in-command, will now report to the executive committee. The wholesale unit, led by Marisa Urquía, will manage agreements with key customers like Digi and fiber-optic network rentals.
The restructuring does not affect Telefónica España's legal existence but reorganizes its functional areas. Staff members will continue to report to their existing legal entities, and investor reporting remains unchanged. This move aims to create synergies, streamline coordination, and integrate Telefónica Tech, a subsidiary focused on digital services, cloud solutions, cybersecurity, IoT, AI, and Big Data, into B2B Spain.
The company plans to leverage B2B Spain's experience in these areas to expand services in European markets, such as Germany and the United Kingdom, where Telefónica Tech already has some presence.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
