Saturday, February 12, 2011

Denise Milani's Belt Buckle

President Phone calls to make Europe "an alternative" Silicon Valley

President of Telefónica, César Alierta, has called on Friday to make Europe "an alternative" Silicon Valley as "undoubtedly" the creative and innovative in Europe is "as strong" as the United States.

Alierta visited Zaragoza to give the presentation "The new digital world 'and in statements to the media, stated that" the world ever going to be digital and is a great opportunity. "

" The largest contributor to productivity growth across the ICT world are almost 40% the increase in productivity in the western world is due to ICT and are those that can help accelerate the growth trend in the economy of all countries, "he said.

, Telefonica's president has referred to the European Fund for Innovation , proposed by the company. "We found a receipt positive by some national governments and EU "he explained.

" Europe is very strong to operate telecommunications in the technology sector has companies very important as Siemens, Nokia and Ericsson among the 15 largest in the world. On the topic of enterprise software has a very important company and undoubtedly the creative and innovative capacity of Europe is as strong as the United States. We all have to make Europe an alternative to Silicon Valley, "he admitted.

Also, Alierta has indicated that European companies "are willing to act to create incubators to develop new services and applications and I think that is also what the EU thinks and major governments of the EU ". In the case of Telefonica, the manager reported that "it is encouraging application service incubators in Europe and Latin America, we promote a lot of 'campus party' and we must continue working on this, more is better."

On the current situation of the company, has stated that the rate of growth of Telefonica in Spain is not as high but added that the worst of the crisis has passed around the world, including Spain, and is "clearly" an economic recovery. "Telefónica generates more is in Latin America and in Europe, we are positive, the worst part already happened and we are in a recovery phase."

PRESENCE

He added that Telefonica is deeply American but has an advantage when others Latin America were at the beginning of the decade, we invested a lot and stability in Latin America is tremendous and expectations for the next 4 or 5 years are phenomenal. "

As implementation in China, has declared that it Alierta "phenomenal." We'll get to be 9.7% of China Unicom, we enter 2005 and we are very happy, we will raise the share to 10%, I am counsel and a shareholder of China Unicom, Telefónica, has 1.5%, "he clarified.

From their point of view China's presence is "fundamental" because "an alliance with the largest country in the world is a very positive and I want to emphasize that in general all English firms have to better understand their culture and Western China The meeting point is very positive for both. "



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