Telefónicawatch

Telefónica’s Cerdán eyes M&A in Brazil, Germany

2022-04-05T14:35:00

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Source: Telefónica

Telefónica Tech will also look at moving into markets outside Group footprint. Tech division now has about 4,000 employees. CEO downplays 2019 aims, but highlights unit’s double-digit revenue growth in 2021. No open processes on potential sale of minority stake in division to a financial investor.

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