BME:TEFTelecom
Telefónica Expands UK Fibre And Modernizes Spain Operations After Recent Losses
Telefónica, through its nexfibre joint venture, announced the acquisition of UK fibre provider Substantial Group, aiming to expand fibre infrastructure in the UK.
Telefónica Spain is adopting Red Hat OpenShift to modernize and unify IT and network functions across its operations.
The company, listed as BME:TEF, last closed at €3.724.
For investors watching BME:TEF, these moves come as the stock trades at €3.724, with a 9.0% return over the past 30 days and a 7.0% return year to date. The...