Telefónica has a regional and integrated management model. The key to company's structure lies in extending its client focus, its leveraging scales and its strategic and industrial alliances.
The different operations of the Telefónica Group in 24 countries are organised into two geographical regions, Europe and Latin America, and the global business unit, Telefónica Digital.
- Corporate Centre
Within this organisational structure, Telefónica’s Corporate Centre is responsible for its global and organisational strategies, its corporate policies, management of common activities, and coordinating the activity of business units.
- Telefónica Europe
Includes operations in Germany, Slovakia, Spain, Ireland, the UK and the Czech Republic.
- Telefónica Latinoamérica
Includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Peru, Uruguay and Venezuela.
- Telefónica Digital
Telefónica Digital is a global business division of Telefónica. Its mission is to seize the opportunities within the digital world and deliver new growth for Telefónica through research & development, venture capital, global partnerships and digital services such as cloud computing, mobile advertising, M2M and eHealth. Telefónica Digital has 100% ownership of Jajah, Terra, Tuenti and giffgaff. It is headquartered in London with regional centres in Silicon Valley, São Paolo, Madrid, Barcelona and Tel Aviv.
- Telefónica Global Resources
Global Resources is a global operating business unit of Telefónica. It´s mission is to optimize the benefits from Telefónica’s scale while achieving further efficiency for the whole Company through activities such as simplification, standardization, streamlining and consolidation, end to end sourcing, and management of some of Telefonica non-strategic assets. Global Resources is organized around key global areas: Network and Operations, IT (including TGT), Procurement (including TGS and TCE), Global Services (including tgestiona), Global CRM / Atento MSA and Human Resources.
- Alliances and other shareholdings
Telefónica operates in China and Italy through shareholdings China Unicom and Telecom Italia.
- Venture Capital
Venture capital is a key pillar of Telefónica strategy as it seeks to invest in the best up-and-coming technology companies to help expand its capabilities in the digital world.
Wayra is a Telefónica initiative whose main aim is to promote innovation and identify talent in Latin America and Europe in the fields of Internet and new Information and Communication Technologies (ICT). Its global project acceleration model helps entrepreneurs develop, providing them with technological tools, qualified mentors, a cutting edge working space and the financing required to accelerate their growth.
Already present in Argentina, Brazil, Chile, Colombia, Germany, Ireland, Mexico, Spain, the United Kingdom, Perú, Czech Republic and Venezuela, Wayra’s calls for projects have received more than 20,000 applications from new digital businesses, making it one of the leading global platforms for identifying technological talent in the ICT world. Its academies in Bogotá, Mexico City, Buenos Aires, Lima, Madrid, Barcelona, Caracas, Sao Paulo, Santiago de Chile, Munich, London, Dublin, and soon to be opened in Prague, currently host more than 290 startups.
Visit Wayra for more information or follow Wayra on Twitter @wayra
Amérigo is an international network of technological Venture Capital funds which forms part of Telefónica's commitment to boosting technological innovation around the world.
The Amérigo Funds are aimed at projects at the expansion phase. Each fund is managed by an independent expert manager, chosen following a selection process in each country, and who operates completely autonomously, though with certain objectives aligned with Telefónica's strategy.
The project has been initially launched in four countries (Spain, Brazil, Chile, Colombia) thus laying the bases for a global network for investment in innovation to boost companies and their new digital services around the world, especially in regions such as Latin America which are not the main focus of risk capital.