|Description||Innovation, Venture Capital|
Telefónica Digital is a global business division of telecoms giant Telefónica and is headquartered in London, with regional hubs in Silicon Valley, Sao Paolo, Spain and Israel.
Telefónica Digital (@tefdigital) has been formed to lead a drive into the digital world and seize new opportunities for Telefónica in this space. Their digital services span eHealth, HTML5, financial services, machine-to-machine and more.
“We have to be a catalyst. We’re not trying to be a Facebook or a Google. We want to take the core Telefónica strengths and exploit those in the digital world,” explains their CEO and Chairman Matthew Key.
The unit expects to drive annual revenues of approximately €5bn for Telefónica by 2015 with an annual revenue growth rate of 20%, as well as creating considerable additional benefits to Telefónica operations.
About Telefónica DigitalAdded: 6/24/13