Observed Signal · Sep 3, 2026 · Marketing Campaign · Source: Horizont · Impact: 2/5 · Sentiment: Positive

Advertising & Brand Marketing Market: O2 launches 'Mehrbilfunk' ad campaign to reposition beyond mobile

Zusammenfassung des Signals

Telefónica's German brand O2 is launching a major advertising campaign to reposition itself beyond mobile communications. The new 'Mehrbilfunk' positioning, developed with lead agency Leo from Publicis Groupe, aims to promote 'Plus Bundles' that combine mobile tariffs with fixed-line, TV, streaming, additional SIM cards and smartphones. The campaign features TV spots and posters using a plus sign as a central design element. The move follows a difficult period: O2's Q2 revenue fell 11% to around €1.8 billion after losing major customer 1&1 to Vodafone, and EBITDA declined 7.2%. Telefónica is also cutting more than 1,000 jobs and closing 60 of 800 O2 shops in Germany. Steve Plesker, Director Brand & Marketing Communications, said the campaign aims to close the knowledge gap that O2 is only a mobile provider.

Polaris7 AgentStrategische Einordnung
Hohe Konfidenz

A major German telecom brand is launching a large multi-channel brand repositioning campaign, indicating significant marketing investment and a notable agency-client mandate, but no fundamental AdTech or MarTech platform shift.

Wichtigste Kernpunkte & Evidenz

  • O2 Telefónica launches a 'Mehrbilfunk' brand repositioning campaign developed with lead agency Leo from Publicis Groupe.
  • The campaign promotes 'Plus Bundles' combining mobile tariffs with fixed-line, TV, streaming, additional SIM cards and smartphones.
  • O2's Q2 revenue fell 11% year-on-year to around €1.8 billion after losing major customer 1&1 to Vodafone.
  • O2's EBITDA declined 7.2% to around €0.6 billion.
  • Telefónica plans to cut more than 1,000 jobs and close 60 of 800 O2 shops in Germany.
Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: HorizontPublished: Sep 3, 2026
Original Coverage Title: Massive Werbekampagne: O2 will weg vom reinen Mobilfunk-Image - und erfindet den Mehrbilfunk

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