Summary
Telefonica SA is considering a major overhaul of its technology division in response to concerns regarding its performance and contribution. This review aims to enhance the services offered, including cybersecurity, cloud solutions, and artificial intelligence.
Key Points
- Telefonica executives are dissatisfied with the current performance of its technology unit.
- The company is exploring a revamp to bolster services like cybersecurity and AI.
- Chairman Marc Murtra is reportedly unimpressed with the contributions from the tech division since taking over in January.
- The strategic review aligns with Telefonica’s broader objectives in a competitive telecommunication landscape.
Why should I read this?
If you’re keen on tech developments in big corporations, this article lays out potential changes that could reshape Telefonica’s tech approach. It’s a glance at how traditional telecoms are adapting to the demands of the digital age. Plus, if you want to understand what’s next for Telefonica amidst growing competition, we’ve got you covered!