Borja Ochoa (Telefónica): “Europe must grow in technological capabilities”
The company's president defends business consolidation at the WIP to accelerate investments.
Borja Ochoa, president of Telefónica España, has stated that European tech companies, particularly telecoms, need to form alliances and become larger to increase profitability and investment. He believes consolidation is necessary for Europe to grow its technological capabilities. Ochoa made these comments during a conversation with Ricardo de Querol at the World in Progress (WIP) forum in Barcelona, organised by PRISA. The event is part of the group's third edition.
Written by urgent.news from El Pais's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
