Telefónica's New CEO Tackles Initial Challenge as Bids for Fiber Unit Loom

In a significant moment for Telefónica, the company’s newly appointed CEO, José María Álvarez-Pallete, is gearing up to confront his first major challenge as bids for the telecommunications giant's fiber unit are set to be submitted soon. This strategic move comes amidst an evolving landscape within the telecommunications sector where digital infrastructures are critical to connectivity and growth.

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Telefónica Appoints New Chairman Amid Government Pressure on Current Leadership

Telefónica, one of the largest telecommunications companies in the world, has announced a significant leadership change by naming a new chairman as it faces increasing pressure from the government regarding governance issues. This move comes as the company seeks to rejuvenate its strategy and align itself closely with national interests.

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