23 Dec, 2024
2 mins read

Brazil’s Telefonica sells Cybersecurity Firm for $20 Million

Telefonica Brasil SA is one of Brazil’s largest telecom services provider. As per the filing on November 4, 2020, the entire stake was sold to Telefonica Cybersecurity Tech. Telefonica SA of Spain is the indirect controller of Telefonica Cybersecurity Tech. Telefonica Ciberseguranca e Tecnologia do Brasil was sold for $20.27 million (116.4 million BRL). This […]