Telefonica Mergers and Acquisitions Summary

CommunicationsCompany

Telefonica has acquired 10 companies, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 13 assets.

Telefonica’s largest acquisition to date was in 2014, when it acquired Global Village Telecom SA for $8.2B. It’s largest disclosed sale occurred in 2015, when it sold Telefónica UK to Hutchison Whampoa for $15.2B. Telefonica has acquired in 1 US state, and 5 countries. The Company’s most targeted sectors include communications (40%) and internet software and services (40%).

Join Mergr and gain access to Telefonica’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity10
    • M&A Sell Activity13
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 16
  • M&A Advisors 7

Telefonica

Telefonica SA

Distrito Telefonica Ronda de la Comunicacion, s/n,
Madrid, 28050
Spain,
+34 900 11 10 04
www.telefonica.com

Telefonica is a telecommunications group that provides fixed and mobile telephony services through networks in Spain, Europe, and Latin America. Telefonica was founded in 1924 and is based in Madrid, Spain.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.8/yr) # 6 - 2 2 - - 10
vol $8.2B $449M $8.6B
Sell (0.8/yr) # 9 1 1 2 - - 13
vol $18.1B $1.7B $479M $20.2B
  23

Most Recent M&A

Company Date Value Type
Cancom UK Ltd. 2021-07-29 449M EUR Divestiture
Wisborough Green, United Kingdom · www.cancom.co.uk
Telefónica Colombia 2021-07-19 - Stake Purchase
, Colombia · www.telefonica.co
Altostratus Cloud Consulting 2021-07-01 - Add-on Acquisition
Barcelona, Spain · www.altostratus.es
Telefonica Chile’s Wholesale Fiber Optic Network 2021-02-22 - Divestiture
, Chile
IhackLabs 2020-09-07 - Add-on Acquisition
London, United Kingdom · www.ihacklabs.com
Telefonica SA - Costa Rica Business 2020-07-30 479M EUR Divestiture
, Costa Rica
Liberty Global and Telefonica - UK Joint Venture 2020-05-07 - Joint Venture
, United Kingdom
Telefónica SA - Telefonica CAM 2019-02-20 1.7B USD Divestiture
Madrid, Spain
Seguros de Vida y Pensiones Antares S.A. 2018-11-08 181M EUR Divestiture
Madrid, Argentina · www.antares.es
TokBox, Inc. 2018-08-01 35M USD Divestiture
San Francisco, California · www.tokbox.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 4 (40%) 8.2B (94%) 8 (62%) 18.5B (91%)
Internet Software and Services 4 (40%) 35M (< 1%) 1 (8%) 35M (< 1%)
Education 1 (10%) - - -
Information Technology 1 (10%) 449M (5%) - -
Business Services - - 1 (8%) 1.2B (6%)
Construction - - 1 (8%) 40M (< 1%)
Insurance - - 1 (8%) 181M (1%)
Media - - 1 (8%) 345M (2%)
Total 10 $8.6B 13 $20.2B

By Geo

State/Country Buy Value Sell Value
Spain 4 35M 3 1.7B
United Kingdom 3 449M 2 15.4B
Argentina - - 2 526M
Colombia 1 - 1 -
United States 1 - 1 35M
  California 1 - 1 35M
Brazil 1 8.2B - -
Chile - - 1 -
Costa Rica - - 1 479M
Ireland - - 1 879M
Luxembourg - - 1 1.2B
Domestic 4 (40%) 35M (< 1%) 3 (23%) 1.7B (8%)
Cross-border 6 (60%) 8.6B (100%) 10 (77%) 18.5B (92%)
Total 10 $8.6B 13 $20.2B

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
2
LionTree Advisors LLC
1
Legal Deals
Clifford Chance LLP
1
Herbert Smith Freehills
1
Goodwin Procter LLP
1

Deal Values

buy # Total
> $1B 1 $8.2B
$100M to $1B 1 $449M
< $100M 1 $35M
TOTAL $8.6B
Largest Global Village Telecom SA (GVT)
$8.2B (2014-09-19)
sell # Total
> $1B 3 $18.0B
$100M to $1B 5 $2.1B
< $100M 2 $75M
TOTAL $20.2B
Largest Telefónica UK Ltd. (dba O2)
$15.2B (2015-03-24)

M&A Connections

Deals
Acquired from
Investor(s)
30%
3 (30%)
Strategic(s)
20%
2 (20%)
Divested to
Investor(s)
38%
5 (38%)
Strategic(s)
62%
8 (62%)

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