The president of Telefónica, Murtramet in Brussels with the vice president of the European Commission for Prosperity and Industrial Strategy, Stéphane Séjourné, to discuss the company’s investment strategies. During a forum organized by the newspaper ‘Financial Times’ and Connect Europe, Murtra highlighted several key points on the teleco plans.
Murtra emphasized that The possible operations Telefónica consolidation will focus on the efficiency and profitability. The company has the main Objective Europewhere the market considers it inefficient due to the high number of competitors compared to other regions such as the United States or China.
Also, Telefónica intends to simplify your operations. The reduction of exposure in Latin America has been mentioned with the sale of subsidiaries in several countries, as well as the possibility of abandoning the New York Stock Exchange.
As for the CybersecurityMurtra said that the company does not seek to become a hyperscator in this segment, but integrate third -party products to expand your presence in the market. He stressed the importance of cybersecurity in a constantly evolving digital environment.
Murtra advocated facilitate mergers in Europe and review regulation To allow companies in the telecommunications sector to gain scale and make the necessary investments in emerging technologies such as artificial intelligence.
In addition to his participation in the forum, Murtra met with the vice president of the European Commission, Stéphane Séjournétogether with representatives of other great European teleoperators. The objective was to reflect on the contribution of the sector to the integration of the single market and address the challenges of global competitiveness and economic security, in line with the Draghi and Letta reports.