The latest telecom news includes announcements on Telefonica, Omantel, SpaceSail, Telebras, among others.
Telefonica Reduces Spain Layoff Plan, Emphasizes Voluntary Exits
Telefonica has cut its planned workforce reduction in Spain by about 25 percent, revising the proposal to around 4,554 voluntary departures across core operations, global units, and its Movistar+ TV division. Spanish unions UGT and CCOO confirmed that the updated plan avoids compulsory layoffs following negotiations with management.
The move reflects Telefonica’s effort to balance cost control with employee relations amid investor pressure and sluggish growth in the European telecom market. The revised approach signals a more cautious restructuring strategy, aiming to maintain operational stability and customer service quality while addressing long-term financial challenges.
Omantel Achieves Investment-Grade Rating, Strengthening Growth Prospects
Fitch Ratings has upgraded Oman Telecommunications Company (Omantel) to an investment-grade BBB- rating with a Stable outlook, aligning the company’s credit profile with Oman’s sovereign upgrade. The decision reflects improved financial resilience, stronger cash flows, and enhanced market confidence.
The upgrade is expected to improve Omantel’s access to capital markets and lower borrowing costs, supporting future investments in network expansion, digital services, and new technologies. The stronger credit rating also boosts investor confidence, reinforcing Omantel’s position for sustainable growth and long-term funding stability.
Brazil Turns to Chinese Satellite Provider to Expand Rural Connectivity
Brazil plans to introduce satellite internet services from Chinese low-Earth orbit provider SpaceSail in the first half of 2026, expanding broadband access in remote and underserved regions. The memorandum of understanding with state-owned Telebras signals Brazil’s intent to diversify satellite connectivity options and introduce competition to existing players such as Starlink.
The initiative focuses on improving connectivity for schools, hospitals, and essential public services, underlining the government’s commitment to digital inclusion. By encouraging alternative infrastructure investments, Brazil aims to accelerate innovation, improve service quality, and reduce connectivity gaps across rural communities.
SHAFANA FAZAL
