Background on Telefónica Tech and Hiberus
Telefónica Tech, the digital business unit of Telefónica, has reached an agreement to sell its operations in Mexico, Colombia, and Chile to the technology company Hiberus. This information was disclosed in a press release by Telefónica Tech.
Maintaining Strategic Alliance
Both companies will maintain a strategic alliance that will enable Telefónica Tech to continue serving multinational clients in the region. Consequently, this transaction will not affect the services provided to customers.
The Digital Operations Center (DOC) in Colombia will remain part of Telefónica Tech, operating normally and continuing to serve its clients.
The agreement ensures the continuity of current labor and contractual relationships during this transition. The transaction is subject to standard authorizations and procedures for such deals.
Impact on Hiberus
For Hiberus, this acquisition strengthens its presence in Latin America and expands its reach into key geographical areas.
Through this move, Telefónica Tech advances its growth and organizational simplification strategy, reinforcing its focus on high-value digital and technology solutions aligned with the group’s primary markets (Spain, the UK, Germany, and Brazil).
Statements from Key Figures
“This agreement is a natural step in our evolution as Telefónica’s digital services company under the new Transform & Grow strategic plan,” said María Jesús Almazor, Operations Director for Telefónica Tech in Spain and America.
“With this operation, we enhance our capabilities in cybersecurity and cloud services by incorporating a highly specialized team that will lead our presence in Latin America,” added Sergio López, CEO of Hiberus.
Key Questions and Answers
- What is the main topic of this news? Telefónica Tech sells its businesses in Mexico, Colombia, and Chile to Hiberus.
- Who are Telefónica Tech and Hiberus? Telefónica Tech is the digital business unit of Telefónica, while Hiberus is a technology company.
- What will remain unchanged due to this agreement? The strategic alliance between Telefónica Tech and Hiberus will allow Telefónica Tech to continue serving multinational clients in the region without affecting provided services.
- What does this acquisition mean for Hiberus? This acquisition strengthens Hiberus’s presence in Latin America and expands its reach into key geographical areas.
- What are the implications for Telefónica Tech’s focus? This move reinforces Telefónica Tech’s focus on high-value digital and technology solutions aligned with its primary markets.
