2iG Capital's intervention in TELEFÓNICA consisted in the design and implementation of a development strategy for the subsidiaries grouped in TELEFÓNICA SISTEMAS, with a focus on positioning them in the IT services market for customers of the TELEFÓNICA Group. The solution adopted incorporated development through the group's operators in Latin America and the gradual outsourcing of the internal IT of the TELEFÓNICA Group and its subsidiaries.

The work carried out as part of the VALUE Project, carried out by 2iG Capital, enabled TELEFÓNICA to obtain for TELEFÓNICA SISTEMAS the exclusive development of all the IT systems of the operators in Latin America, as part of the CONCERT alliance (TELEFÓNICA, BRITISH TELECOM, MCI), in a tough battle with the American company SYSTEMS HOUSE, a subsidiary of MCI.

Later on, 2iG Capital was required by TELEFÓNICA to carry out a Fair Opinion regarding the valuation carried out by BANKERS TRUST of the Systems and Products Engineering companies (TS and TSIP) for their integration into a Spanish industrial group.

Telefónica

Industries: Telecommunications

2iG worked on: Strategic advisor, Business development, Corporate strategy, Fairness opinion

Related companies: TELEFONICA SISTEMAS, TELEFONICA SISTEMAS Y PRODUCTOS, GRUPO TELEFÓNICA