Small Modular Reactors for data centres are missing a middleman
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Saudi stc acquires 9.9% stake in Telefonica for $2.25bn
Like many of its European counterparts, Telefonica has been grappling with fierce competition and the necessity for substantial investment in 5G infrastructure.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
September 05, 2023 | 10:22 PM BST
Olayan Alwetaid, stc Group’s CEO. Source: stc
Saudi stc Group has acquired a minority stake in Telefonica, one of the world's largest telecommunications companies based in Spain.
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João Marques Lima
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