Page 6 - Telefonica Tech News Today

Telecompaper Telefonica, Google Cloud awarded Geant cloud contract in Spain Thursday 22 April 2021 | 14:14 CET | News Spanish operator Telefonica said its Telefonica Tech unit and Google Cloud have been awarded a contract to carry out the Open Clouds for Research Environments (OCRE) project in Spain. The initiative launched by Geant, the pan-European data network for the research and education community, seeks to accelerate the adoption of cloud computing in the main European acade...

Pandemic, forex blunts Telefonica in Q4 - Mobile World Live 25 FEB 2021 Telefonica highlighted progress in attempts to restructure the business and cut its debt pile, though Covid-19 (coronavirus) and negative currency movements cost it more than €1.5 billion in Q4 revenue. CEO Jose Maria Alvarez-Pallete ( pictured) said the company had “lived up to the challenge” of the pandemic, aided by moves already made as part of a sweeping restructure plan unveiled in 2019. The executive pointed t...

Telefonica (TEF) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Telefonica (NYSE: TEF) Operator Ladies and gentlemen, thank you for standing by, and welcome to Telefonicas January-December 2020 Results Conference Call. [Operator Instructions] As a reminder, todays conference is being recorded. I would now like to turn the call over to Mr. Pablo Eguiron, Global Director of Investor Relations. Please go ahead...

Feb 25, 2021 Telefónica demonstrates its management efficiency and financial strength during the pandemic with cash generation of €4,794 million for the full year. The company shows a progressive improvement both in commercial and operational activity in the last quarter of the year, with revenues of €10,909 million. The Group cuts net financial debt by over €2,500 million in 2020. Since mid-2016 it has been reduced by €17,000 million. Telefónica will propose to the next AGM the share...

Telecompaper General Almazor named head of Telefonicas cloud and cybersecurity division Wednesday 24 February 2021 | 10:02 CET | News Telefonica has followed last months management shake up at its domestic unit (Telefonica Espana) by announcing the appointment of the units current CEO Maria Jesus Almazor as CEO of the Cybersecurity and Cloud division of Telefonica Tech, the new holding company for the groups Cybersecurity, Cloud and IoT & Big Data business. Telefonica said the inte...

Telecompaper Telefonica partners with Alastria consortium on blockchain network Friday 5 February 2021 | 15:01 CET | News The Telefonica Tech unit of Spanish operator Telefonica has reached an agreement with local industry consortium Alastria to provide an infrastructure based on Hyperledger Fabric technology to the associations 500-plus members that require guaranteed levels of service for the deployment of critical applications. The deal is part of Alastrias mission to promote th...

Summary Telefonica is the incumbent telephone operator in Spain, which accounts for about 26% of the group’s sales. Besides Spain; Brazil, Germany and U.K. are key markets. Management intends to spin off its Latin American operations, except Brazil. The firm has launched two new business units: Telefonica Tech and Telefonica Infrastructure. Telefonica Tech, a B2B segment offers cybersecurity, the Internet of Things, big data, and cloud services. Telefonica Infrastructure manages the firm’s ...

Telecompaper Telefonica expands connected industry deal with Spains Geprom Monday 21 December 2020 | 11:29 CET | News The Telefonica Tech unit of Spanish operator Telefonica has announced an expanded global commercial agreement with local engineering company Geprom Connecting Industries to continue developing and marketing new automation, control and process monitoring solutions in the connected industrial environment. The partners have been collaborating closely in recent years to...