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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 academic and scientific institutions. In addition, online learning spaces will be adapted to the real ne...

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 to a jump in earnings from its recently formed Telefonica Tech division, which houses business areas ...

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 Telefonica's January-December 2020 Results Conference Call. [Operator Instructions] As a reminder, today's 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, sir. This article is a transcript of this conference call produced for The Motley Fool. While we...

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 shareholder remuneration policy for 2021, a voluntary scrip dividend of 0,30 euros per share. Telefónica...

Telecompaper 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 sim...