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Telefonica invested EUR 6 bln in R&D in 2013

Wednesday 5 November 2014 | 14:38 CET | News
Telefonica invested a total of EUR 6.1 billion in research and development projects in 2013, which is 6 percent more than the amount invested the previous year and represents 10 percent of the total invested by Spanish companies in R&D. The figures were presented by David del Val, CEO of Telefonica I+D, the research and development arm of the Telefonica Group, at the annual TEFcon developers' conference held in Madrid on 04 and 05 November. The Telefonica I+D CEO said the company's R&D strategy over the next few years would be to continue investing in the areas of Internet of Things (IoT),

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Categories: General
Companies: Telefonica
Countries: Spain
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