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Telefonica (TEF) Q4 2020 Earnings Call Transcript
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General
Almazor named head of Telefonica s cloud and cybersecurity division Wednesday 24 February 2021 | 10:02 CET | News Telefonica has followed last month s management shake up at its domestic unit (Telefonica Espana) by announcing the appointment of the unit s current CEO Maria Jesus Almazor as CEO of the Cybersecurity and Cloud division of Telefonica Tech, the new holding company for the group s Cybersecurity, Cloud and IoT & Big Data business. Telefonica said the integration of its Cloud and Cybersecurity divisions will allow it to offer fully integrated and simplified services to its 5.5 million B2B customers in a multi-cloud environment with security as a main attribute.
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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 association s 500-plus members that require guaranteed levels of service for the deployment of critical applications. The deal is part of Alastria s mission to promote the development of blockchain networks by members who wish to provide and use distributed ledger technology (DLT) services.
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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 infrastructure assets (towers, antenna systems, data centers, and greenfield fiber projects).
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Telefonica expands connected industry deal with Spain s 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 offer new industrial digitalisation solutions in Spain and the agreement is designed to increase the geographical scope of partnership and strengthen the product portfolio.
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