Telefonica launches Tech and Infra units amid Latam spin-off Spain’s telecom giant Telefonica has announced a major organisational restructuring after a meeting of its board of directors. The company’s chairman and CEO Jose Maria Alvarez-Pallete has introduced a new bold strategy to spin off company assets and prepare for industry 4.0. With its 5-point plan, Telefonica aims to generate more than EUR 2 billion a year in additional revenues from 2022, by prioritising its four key markets of Spain, Brazil, the UK and Germany and carrying out an “operational spin-off” of its Latin American business. The company will also set up a subsidiary for its cloud, cybersecurity and IoT businesses called Telefonica Tech and another for its infrastructure assets, Telefonica Infra. Read more at: https://tinyurl.com/wjkobwc AT&T and Microsoft launch edge computing network Microsoft and AT&T have integrated 5G with Azure to launch their new Network Edge Compute (NEC) service for…
Latest Posts:
- Darryll Dewan Unveils Top Data Center Trends for 2024
- A quick roundup of the news in Telecoms | Week #16
- Fujitsu and Oracle Collaborate on Sovereign Cloud and AI Solutions
- Comcast Expands Now Brand to Address Connectivity Needs Post-Affordable Connectivity Program Closure
- LogRhythm’s RhythmWorld Europe Cybersecurity Summit Returns to Share Strategies for Cyber Resilience and Mitigating Future Threats
- Balancing Market Unity and Diverse Telecom Opportunities in EU
- Bharti Airtel, Dialog Axiata Merger: Impact on Sri Lanka’s Telecom Landscape
- NBN Achieves Groundbreaking Speeds with 100G PON Technology
- Smartphone Market Poised for Rapid Growth with Rise of GenAI Capabilities
Tag