Telefónica passes €1bn in shape shifting Tech push

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Source: Pixabay/Dean Moriarty

Telefónica Tech division hitting €1bn in annualised revenue flagged as a highlight in Group’s Q3 results presentation. Growth business’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo