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Telefónica announces appointment of Andrea Folgueiras as global CTIO and BT enhances customer experience with AI from Sprinklr

Dec 12, 2024•about 1 year ago

Acquiring Company

Telefónica Móviles del Uruguay

Acquired Company

BT Group

MontevideoLondonTelecommunicationsTelecommunications

Description

Telefónica has appointed Andrea Folgueiras as the next global CTIO, succeeding Enrique Blanco who is set to retire. This move marks a significant leadership change for Telefónica. BT Group has integrated advanced AI technologies from Sprinklr to enhance customer experience, leveraging its unified customer management platform.

Company Information

Company

Telefónica Móviles del Uruguay

Location

Montevideo, Montevideo, Uruguay

About

Telefónica Móviles del Uruguay, operating under the brand Movistar, is a major telecommunications provider in Uruguay. The company offers mobile and fixed telephony, broadband, and digital services. It is known for its extensive network coverage and innovative services. Telefónica aims to enhance digital transformation in the region.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed