Headquarters
United Kingdom
Latest investment
Dec 18 2014
No. of Startups
2
Website
http://www.telefonica.com/digitalhub
Offices
-
Founded
-
Latest investment date
-
Latest investment name
-
No. of startups
-
No of rounds
-
No of Co investors
-
Avg No of co-investors per round
-
Offices
United Kingdom
HQ address
20 Air Street, London, W1B5AN, GBR
description
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.

"they have to be a catalyst. they are not trying to be a Facebook or a Google. They 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.

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