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Cloud business: Amazon enters the European telecommunications market

Telecom operator Telefonica Germany will transfer 1 million 5G customers to the Amazon Web Services (AWS) cloud by the end of May. Reuters writes about this with a link to a statement by the leaders of the German company.

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What does this mean?

The American online retailer Amazon is taking a step aimed at entering the global telecommunications market.

Telefonica Germany's step is the first This is the first time in the world that a mobile operator moves its core network to the public cloud.

The company has 45 million customers in Germany.

“I want to see how this works, at least for a while.” one or two quarters, and have a roadmap to transfer at least 30-40% of my customer base to the cloud by 2025-2026,” said Mallick Rao, director of technology and information at Telefonica Germany.

The global telecom cloud market is expected to reach $108.7 billion by 2030 from $19.7 billion in 2021, making it a growth driver for companies like Amazon.

minfin.com.ua

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