The pandemic, changes in the exchange rate and a sharp deterioration in Telefónica de Argentina influenced the results. Revenues reached € 10.461 billion. Capex fell 58.9%

During the third quarter of this year, the Telefónica Group recorded losses of € 160 million, mainly due to the Covid-19 pandemic, the intensification of exchange rate changes and an impairment assigned to Telefónica de Argentina, for € 785 million.

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Telefónica registers losses of € 160 million in the third quarter

The pandemic, changes in the exchange rate and a sharp deterioration in Telefónica de Argentina influenced the results. Revenues reached € 10.461 billion. Capex fell 58.9%

MORE ANALYSIS

Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

Smartphone market tracks rising memory costs

Analyst Omdia said first-quarter sales rose 1% compared to a year earlier, driven by inventory build-up across distribution channels to get ahead of future price increases. Samsung maintains global leadership.

Strong jump in América Móvil profits on organic growth

The operator posted a 25.1% year-on-year increase in net profit, reaching US$1.31 billion. Total revenue stood at US$13.53 billion, up 2.1% from a year earlier. During the period, it added 3 million mobile subscribers and 594,000 broadband accesses. This aligns with standard journalistic and financi

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Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit