Market
How will Telefónica's strategic partnerships change by the end of 2025?
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Javier Echenique•Telefónica•BBVA•Echenique•Banco Sabadell•Repsol•ACS•Banco Guipuzcoano•Isaba•Navarra•Economic and Actuarial Sciences•Quantitative Social Security Techniques•BBVA Group•Local Credit Bank•Europe•Spanish business
Resolution / Starting Odds
Strengthen existing partnerships • 25%
Form new partnerships • 25%
End existing partnerships • 25%
No major changes • 25%
Official announcements from Telefónica or major business news outlets
Story
Javier Echenique, Telefónica Vice President and Former BBVA CEO, Dies at 74 After Massive Stroke
Dec 15, 2024, 01:32 PM
Javier Echenique, the Vice President of Telefónica and former CEO of BBVA, has passed away at the age of 74 following a massive stroke. The news was confirmed by José María Álvarez-Pallete, the president of Telefónica, who described Echenique as a 'business reference and a friend.' Echenique had been a director at Telefónica since April 2016 and was known for his extensive career, including roles at Banco Sabadell, Repsol, ACS, and Banco Guipuzcoano. Born in Isaba (Navarra) in 1951, he had a degree in Economic and Actuarial Sciences from the University of the Basque Country and was a professor of Quantitative Social Security Techniques at the Faculty of Economic Sciences of Bilbao for several years. He also held prominent positions in the BBVA Group, where he was responsible for wholesale businesses in global investment banking, global corporate banking, companies, administrations, the Local Credit Bank, asset management, banking in Europe, insurance and pension, e-business, and the industrial and real estate group. His death marks a significant loss for the Spanish business community, with many expressing their condolences and recognizing his contributions to the telecommunications industry.
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Similar markets
3-4 new partnerships • 25%
1-2 new partnerships • 25%
5 or more new partnerships • 25%
No new partnerships • 25%
Expansion into new markets • 25%
Cost-cutting and restructuring • 25%
Other strategic focus • 25%
Focus on digital transformation • 25%
Merger or Acquisition • 25%
Other • 25%
New Technology Investment • 25%
Divestiture • 25%
Increase by 0-5% • 25%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Decrease by 0-5% • 25%
Sustainability Initiatives • 25%
Customer Experience • 25%
Digital Transformation • 25%
Network Expansion • 25%
SEPI, STC, and another entity • 25%
SEPI, STC, and no change • 25%
SEPI, STC, and a current minor shareholder • 25%
SEPI, STC, and a new investor • 25%
José María Álvarez-Pallete remains • 25%
No decision made • 25%
Marc Murtra appointed • 25%
Another candidate appointed • 25%
Top 3 • 25%
4th to 6th • 25%
7th to 10th • 25%
Below 10th • 25%
STC becomes largest • 25%
SEPI remains largest • 25%
Criteria Caixa becomes largest • 25%
Another entity becomes largest • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
More than $150 million • 25%