Telefónica’s acquisition of Austrian cloud software provider and integrator BE-terna, for up to €350m, depending on future earnings, gives a clear indication of the telco’s enterprise strategy, as well as indirectly highlighting the relative positions of the three big hyperscalers, Microsoft Azure, Amazon Web Services and Google Cloud. The acquisition, made by Telefónica Tech, the telco’s enterprise division, also dovetails with the partnership unveiled in March 2022 with Israel’s Pente Networks. This revolves around the latter’s enterprise LTE/5G platform and aims to develop a managed 5G Cloud service to facilitate emerging applications for enterprises, that the operator likes to describe as “transformational use cases”. These two companies had already developed joint products that combine 5G connectivity with on-premise…