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

Ascentio: How a university-born company survived Argentina’s space cycles and expanded globally

Originating at the National University of Río Cuarto in Córdoba province, it managed to build long-term technological capabilities and withstand irregular investment cycles.

OpenAI invites U.S. government to take 5% equity stake

The company’s leadership discussed taking the proposal to the Donald Trump administration, at a time when Washington’s involvement in the AI sector is increasing and public dissatisfaction with its consequences is growing.

Panama bets on a third mobile operator

ASEP has begun the process to auction 40 MHz of mid-band spectrum. Analysts are divided: some argue that the entry of a third operator will improve competition and reduce prices, while others say it could jeopardize the economic and financial stability of telecommunications service providers.

Atenea: The Argentine satellite that flew on Artemis II and validated deep-space technologies

Fernando Filippetti, director of the ASTAR Project, outlined the details of the initiative, in which a 10 kg satellite was used to validate technologies in deep-space conditions.

DE-CIX expands Latin America footprint with new interconnection nodes in Brazil and Mexico

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