{"id":19404,"date":"2026-05-08T15:07:50","date_gmt":"2026-05-08T15:07:50","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/19404\/"},"modified":"2026-05-08T15:07:50","modified_gmt":"2026-05-08T15:07:50","slug":"telefonica-tech-transfers-mexico-andean-ops-to-hiberus","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/19404\/","title":{"rendered":"Telef\u00f3nica Tech Transfers Mexico, Andean Ops to hiberus"},"content":{"rendered":"

Telef\u00f3nica Tech, the digital services arm of Spain\u2019s Telef\u00f3nica Group, has agreed<\/a> to transfer its cybersecurity and cloud operations in Colombia, Mexico, and Chile to Spanish technology firm hiberus. The transaction, aimed at streamlining operations and refocusing on higher-value markets, includes Telef\u00f3nica Tech\u2019s activities in the three Latin American countries and remains subject to customary regulatory approvals and closing conditions. Financial terms were not disclosed.<\/p>\n

Under the agreement, Telef\u00f3nica Tech and hiberus will maintain a strategic alliance that enables Telef\u00f3nica Tech to continue serving its multinational clients in the region without changes to current service offerings. Telef\u00f3nica Tech said the transaction will not affect existing contracts or service continuity for those customers.<\/p>\n

Telef\u00f3nica Tech will retain ownership of its Digital Operations Center (DOC) in Colombia, which will continue to operate normally and serve its current client portfolio. The companies also confirmed that the transaction will be structured to ensure continuity of labor conditions and existing employment contracts, in compliance with local regulations.<\/p>\n

For hiberus, the acquisition strengthens its position in Latin America and accelerates its expansion in markets\u00a0 it considers strategic for growth. The company said the deal enhances its cybersecurity and cloud capabilities by incorporating specialized teams that will lead its regional operations. \u201cWith this transaction, we reinforce our capabilities in cybersecurity and cloud by incorporating a highly specialized team that will lead our presence in Latin America,\u201d hiberus CEO Sergio L\u00f3pez said in a statement.<\/p>\n

Telef\u00f3nica Tech framed the sale as part of a broader effort to simplify its organizational structure and concentrate on digital and technology solutions with higher added value. Under this strategy, the company is focusing its operations on Telef\u00f3nica Group\u2019s priority markets: Spain, the United Kingdom, Germany, and Brazil. \u201cThis agreement is a natural step in our evolution as a digital services company within the Telef\u00f3nica Group, under the new Transform & Grow strategic plan,\u201d said Mar\u00eda Jes\u00fas Almazor, Telef\u00f3nica Tech\u2019s chief operating officer for Spain and the Americas.<\/p>\n

The transaction aligns with Telef\u00f3nica Group\u2019s longer-term strategy to reduce its footprint in Latin America outside Brazil. Telef\u00f3nica Executive Chairman Marc Murtra reiterated in November 2025 that the group\u2019s exit from several Latin American markets follows a strategy first defined in 2019 and reaffirmed in the Transform & Grow plan. The company has already divested operations in countries including Argentina, Colombia, Ecuador, Uruguay, and Peru.<\/p>\n

Telef\u00f3nica\u2019s 2026-2030 Strategic Plan, released in June, forecasted<\/a> a gradual withdrawal from Mexico, a market where its Movistar brand still serves around 23 million users but faces persistent profitability challenges. These challenges stem largely from its 2019 network-sharing deal with AT&T, which reduced capital expenditure but limited operational control and growth capacity. With intensifying competition from Telcel, AT&T Mexico, and emerging mobile virtual network operators (MVNOs), Telef\u00f3nica\u2019s potential exit could reshape Mexico\u2019s telecom landscape, consolidating power among incumbents or opening opportunities for new digital players.<\/p>\n

According to Bloomberg L\u00ednea, Telef\u00f3nica SA is also implementing a broader cost-reduction plan that includes charges of about US$2.9 billion. Telef\u00f3nica employs about 80,000 people globally, including roughly 25,000 in Spain.<\/p>\n","protected":false},"excerpt":{"rendered":"Telef\u00f3nica Tech, the digital services arm of Spain\u2019s Telef\u00f3nica Group, has agreed to transfer its cybersecurity and cloud…\n","protected":false},"author":2,"featured_media":19405,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[10480,751,1729,2692,389,439,10477,654,10479,247,1482,10478,17,10476,4279,246,155,3022,547,10481],"class_list":{"0":"post-19404","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-telefonica","8":"tag-att","9":"tag-brazil","10":"tag-chile","11":"tag-cloud","12":"tag-colombia","13":"tag-cybersecurity","14":"tag-hiberus","15":"tag-marc-murtra","16":"tag-maria-jesus-almazor","17":"tag-mexico","18":"tag-movistar","19":"tag-sergio-lopez","20":"tag-spain","21":"tag-tech","22":"tag-telcel","23":"tag-telecommunications","24":"tag-telefonica","25":"tag-telefonica-group","26":"tag-telefonica-tech","27":"tag-virtual-network-operators"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/19404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=19404"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/19404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/19405"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=19404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=19404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=19404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}