IBM lands hybrid cloud deal with telcos

IBM has inked hybrid cloud deals with global telecommunication giants Verizon (VZ) and Spain’s Telefonica (TEF), as the company that created the personal computer aims to build out 5G and edge networks.

The deal builds on existing partnerships IBM (IBM) has with the two telecom operators. No financial terms were disclosed.

In an exclusive interview with Yahoo Finance Live, Howard Boville, IBM’s Senior Vice President of Hybrid Cloud Platform, said this is an “existential moment for telco…


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