0
General

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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica
Countries: Spain / World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica and Siemens launch Spanish smart building partnership

Published 12 May 2021 13:50 CET | Spain
Telefonica announced that its Telefonica Tech digital business holding company has partnered with Siemens Spain to launch a joint ...

Telefonica and Microsoft team up on private 5G for industrial use

Published 11 May 2021 11:49 CET | Spain
Telefonica said its Telefonica Tech digital business holding company has partnered with Microsoft to jointly develop and offer ...

Telefonica integrates Acens subsidiary into Tech unit

Published 30 Apr 2021 14:28 CET | Spain
Telefonica said it has integrated cloud subsidiary Acens into the Telefonica Tech holding company with a view to boosting its IT ...

Telefonica, Geotab secure ALD Automotive connected cars deal

Published 26 Apr 2021 11:52 CET | Latin America
Telefonica and longtime partner Geotab have announced a contract to develop a connected car system for French vehicle fleet and ...

Telefonica, Google Cloud awarded Geant cloud contract in Spain

Published 22 Apr 2021 14:14 CET | Spain
Spanish operator Telefonica said its Telefonica Tech unit and Google Cloud have been awarded a contract to carry out the 'Open ...

Telefonica launches security service for Spanish SMEs

Published 13 Apr 2021 08:55 CET | Spain
The Telefonica Tech unit of Spanish operator Telefonica has developed a new service for local SMEs with a series of cybersecurity ...

Telefonica, Fibocom and aitos.io develop first 5G blockchain IoT module

Published 24 Mar 2021 14:34 CET | Spain
The Telefonica Tech unit of Spanish operator Telefonica has joined forces with Chinese IoT modules maker Fibocom Wireless and ...

Telefonica and Idemia promoting use of biometrics for contactless access

Published 08 Mar 2021 09:07 CET | Spain
Telefonica said it has teamed up with augmented identity company Idemia to develop products in the security area and add the ...

Telefonica and Navantia working on cybersecurity for defence sector

Published 04 Mar 2021 09:09 CET | Spain
Telefonica said it has joined forces with state-owned shipbuilding company Navantia to develop and market comprehensive ...

Telefonica Tech revenues up 14% to EUR 1.5 bln in 2020

Published 25 Feb 2021 11:36 CET | World
Telefonica announced that the group's new Telefonica Tech unit comprising its Cybersecurity, Cloud and Big Data and IoT ...

Telefonica appoints full management team for new technology unit

Published 16 Dec 2019 14:24 CET | Spain
Telefonica has announced the appointment of the full management team for its new Telefonica Tech unit focused on cloud, security, ...





Calendar   /   Industry Events

11 May Small Cells World Summit
13 May BT FY results
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Alibaba Group Q1
13 May Poly fiscal Q4
13 May DZS investors day
14 May Japan Display FY results
14 May Telesat Q1
14 May Digi Communications Q1 2021
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May MTS Q1 2021
18 May Google I/O
19 May Analog Devices Q2
19 May TIM Q1 2021
19 May Cisco fiscal Q3
19 May Qualcomm 5G Summit
20 May Nkom 2020 telecoms statistics
20 May Poly investors day
20 May Deutsche Telekom Capital Markets day
20 May Shaw EGM on Rogers merger
20 May Telefonica Deutschland AGM
::: More Calendar Items