Telefónica S.A. is a prominent multinational telecommunications company based in Spain, offering a wide range of communication services including fixed-line, mobile telephony, broadband, and digital solutions
The company operates in various countries across Europe and Latin America, providing innovative technologies and connectivity solutions to both residential and business customers. Telefónica is committed to enhancing digital experiences and supporting the growth of the digital economy through investments in infrastructure and advanced telecommunications services. Additionally, the company emphasizes sustainability and social responsibility as part of its corporate strategy.
Telefonica SA's German branch is set to migrate one million 5G users to Amazon Web Services (AWS) this month, marking a groundbreaking partnership. This move, a first for established mobile operators, signals a seismic industry shift towards public clouds, boosting efficiency and scalability.
Spain's leading telecom company, Telefonica SA (NYSE: TEF), reportedly disclosed to the unions its plans to cut about 5,100 jobs in Spain by 2026. The move reflects efforts to lower costs and adapt the company's size to the current market, reported Reuters.
Bit2Me and droppGroup, two stalwarts in the Web3 technology sector, have officially cemented a strategic partnership, marking a pivotal advancement in the global Web3 ecosystem.
Telefonica SA (NASDAQ: TEF) stock is trading lower after it disclosed that Saudi Telecom Co Group, the leading communications operator in the Kingdom of Saudi Arabia and the Middle East, has acquired a 9.9% stake in Telefónica.
Gainers Palisade Bio, Inc. (NASDAQ: PALI) shares jumped 114% to $1.47. Palisade Bio transformed GI-focused pipeline through exclusive worldwide licensing agreement with Giiant Pharma, Inc. for multiple oral drug candidates targeting inflammatory bowel disease.
