Telefonica to launch new business area, focus on data, video
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"We are going to develop a network specifically for video content and want to expand video services for the home," Telefonica's chief operating officer Julio Linares said late Monday in a meeting with journalists. The Madrid-based telecommunications company said that besides the video content delivery network the company will expand in the segments of eHealth, applications, security and financial services, cloud computing and machine to machine Internet communications.
