Telefónicawatch

Telefónica is starting to ramp up return from home security sideline

2026-05-06T10:06:00

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Source: Prosegur

Telco’s property monitoring venture with Prosegur boosts profitability in Q1, aided by ongoing user growth, increased focus on client value, and tight managerial control of cash inflows and outflows at arms-length joint business. Other telcos have started to take notice of the JV’s momentum…

This article includes:

  • Themes: Average revenue per user (ARPU); Connected security services; Customer churn; Joint venture (JV); Recurring cash flow; Smart home security; Subscriber acquisition cost (SAC); Value-based growth.
  • People: Emilio Gayo; Jaume Sanpera; Javier López Gutiérrez; Maite Rodríguez.
  • Geographic: Brazil; Germany; Spain.
  • Organisations: ADT; Línea Directa; MásOrange; Movistar Prosegur Alarmas (MPA); Prosegur; Telefónica; Telefónica España; Telenor; Vodafone Spain; Verisure.

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