Telefenica and Liberty are shaping the executive leadership of their new ‘Teleco’

Telefenica And Liberty has laid the foundation for what the new leadership will be. The two companies released a statement at midnight saying that Lutz Schuler, CEO of Virgin Media, and Patricia Cobain, CEO of O2, will hold the same positions in the new joint venture following the merger between Tele2’s British subsidiary O2 and Virgin. Media.

It should be noted that the new operator, which is very important in the United Kingdom, must have the approval of the British regulators. Earlier in the year, the UK Competition and Markets Commission (CMA) announced that it would focus its investigation on the effects of the deal on the wholesale market for telecommunications services and the connection between O2 (Telefenica) and Virgin (Liberty). Not among end customers.

Thus, Schuler has been the CEO of Virgin Media for two years now. The manager, who developed his career at UnityMedia, a German Liberty operator that has been selling to Vodafone in 2018 for the past seven years, joined the telecommunications company in 2018. In addition, the new CEO knows Telefenica He headed the German subsidiary for 12 years. With this move, Mark Evans will cease to be the top manager of O2 in the UK.

For his part, Copian has held the position of Finance Director since 2016 and has accumulated fifteen years of experience in the Spanish operator with the positions of Business Development Director for Telefenica Europe.

In this capacity, he was at the forefront of “associations, spectrum auctions, infrastructure sharing agreements and major acquisitions and exclusions in the region”, according to a report sent by Telefenica and Liberty. Telefenica Link between Germany and Iplus.

Jose Maria Alvarez-Ballet, President of Telefenica, and Mike Fries of Liberty both cite the role of executives. De Schuler emphasizes that he has “a unique” talent and the fundamental role he has played in the development of “accumulation and 5G”.