Telefonica beats first-quarter profit forecasts
Spain’s Telefonica (TEF.MC) posted a smaller-than-expected fall in first-quarter net profit on Thursday helped by inflation-matching price rises in most markets, operating efficiencies and strength in its cloud and cybersecurity business.
Telefonica buys Ericsson 5G equipment to replace some Huawei gear
Telefonica (TEF.MC) has bought 5G network equipment from Swedish manufacturer Ericsson (ERICb.ST) to replace some of the Huawei gear it has rolled out in Spain, a source at the Spanish firm said on Monday, confirming a report in Expansion newspaper.
With cloud and AI, IBM broadens 5G deals with Verizon and Telefonica
IBM (IBM.N) will offer telecom operators Verizon (VZ.N) and Telefonica (TEF.MC) new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.
