The operator achieved growth in its billing in all its main markets, with a jump of 3.3% in Brazil. At the end of June it reached a total of 391.9 million accesses.

Telefónica's revenues totaled €10.255 billion in the second quarter of 2024, achieving an increase of 1.2% compared to the same period in 2023. Net profit was €447 million, with a drop of 3.3%.

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Telefónica increases its revenues by 1.2% to 10.255 billion euros in second quarter of 2024

The operator achieved growth in its billing in all its main markets, with a jump of 3.3% in Brazil. At the end of June it reached a total of 391.9 million accesses.

MORE ANALYSIS

Ericsson: Phasing out 2G and 3G networks is a business play for CSPs

Open Gateway hits 80% API market share, eyes new goals

Following the entry of more operators and channels, new developments are seeking business cases beyond security and fraud prevention as a way to meet growing demand. This approach also opens the door to monetization, said

Movistar-Tigo-UNE merger: Potential duopoly with Claro and challenges for WOM

Both the Ministry of Information Technologies and the Superintendency of Industry and Commerce have issued their analyses on the impact of the merger between the two operators. They propose a series of mitigating measures to preserve competition in the market.

In the telecommunications market dynamics, Movistar is losing ground

Telefónica lost market share in all business segments in the first quarter of 2025, while its sale process continues. Entel and Claro gained market share.

Telefónica to strengthen its balance sheet after selling off all Latin American operations

Average revenue per customer, EBITDA, and employee productivity would grow. And it would lighten the company in the face of the possibility of a new European single market, which it is promoting along with other major operators in the region.

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