Hot on the heels of the operator inking a cloud sourcing deal with arch rival AWS, leading Spain-based telco Telefónica has signed a deal with Microsoft to expand their global collaboration.
In a partnership that will encompass not just cloud development but also potentially shaping its customers’ digital homes global telco Telefónica’s Tech divisio.
Telefónica Tech has announced that Cancom UK&I will start operating under the Telefónica Tech UK&I brand after being acquired at the end of July for €398m. The.
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 increased its total volume of accesses to 345.4 million, in a year marked by greater customer satisfaction and loyalty.