The group's revenues reached a total of €10,140 billion, with an increase of 1.9%, of which 25% was contributed by the business in Brazil and 20% by Latin America.

Telefónica group achieved profits totaling €532 million in the first quarter of this year, which represents an increase of 79% compared to the same period last year.

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Telefónica achieves profits of €532 million in first quarter

The group's revenues reached a total of €10,140 billion, with an increase of 1.9%, of which 25% was contributed by the business in Brazil and 20% by Latin America.

MORE ANALYSIS

Telecom posts 13.4% increase in consolidated sales in first half

Scope of ruling against Meta in U.S.

For the first time, a court ruled that a platform must be held accountable for the consequences caused by its products. Another trial begins Wednesday, this time brought by prosecutors from several states, also against Meta, which, if it ends unfavorably, could result in a cost of US$1.4 trillion.

The digital Caribbean: Connectivity's bright spots and challenges in a fragmented region

Millicom consolidates regional expansion in record second quarter

Liberty Latin America consolidated profitability in the second quarter

The group reported OIBDA growth, a solid improvement in free cash flow and operational progress driven by broadband and postpaid mobile services. LLA ended June with 6,759,800 mobile subscribers and 3,883,500 fixed revenue-generating units (RGUs).

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