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Telefonica Tech revenues rise 27% to EUR 203 mln in Q2

Thursday 29 July 2021 | 12:04 CET | News
Telefonica said the group's Telefonica Tech unit comprising its Cybersecurity & Cloud and Big Data & IoT businesses reported revenues of EUR 203 million in the second quarter of 2021, up 26.6 percent year on year. The performance was attributed to accelerating commercial activity in areas such as connected cars, Big Data, Industry 4.0, utilities and smart buildings, coupled with the integration of Acens' operations in Spain and Altrostratus in the quarter. Telefonica said additional business and assets are expected to be transferred to Telefonica Tech during 2021.

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Categories: General
Companies: Telefonica
Countries: Spain / World
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