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Telefonica Tech revenue up over 25% to EUR 166 mln in Q1

Thursday 13 May 2021 | 10:46 CET | News
Telefonica said the group's Telefonica Tech unit comprising its Cybersecurity & Cloud and Big Data & IoT businesses reported revenues of EUR 166 million in the first quarter of 2021, up 25.1 percent year on year, thanks to strong commercial activity and key global partnerships with the Telefonica Group's 5.5 million-plus B2B customers. The performance was underpinned by steady growth in the Cybersecurity & Cloud segment, above all in Spain and Latin America, with "Managed, Professional and Platform services" growing 51 percent year on year in Q1 and now accounting for more than 50 percent of

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Categories: General
Companies: Telefonica
Countries: Spain / World
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