Telefónica's business unit for Latin American market recorded revenues of €2.249 billion in second quarter of 2024, a 0.1% less than one year ago. Its customer base grew 1.1% year-on-year.

Telefónica's business unit for the Latin American market recorded revenues of €2.249 billion in the second quarter of 2024, a 0.1% less than one year ago. Its customer base grew by 1.1% year-on-year, reaching 113 million accesses throughout the region, in line with the group's strategic plan.

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Telefónica's business unit for Latin American market recorded revenues of €2.249 billion in second quarter of 2024, a 0.1% less than one year ago. Its customer base grew 1.1% year-on-year.

MORE ANALYSIS

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

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Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

Telefónica unveils ambitious consolidation and growth plan

The operator is focusing on its four main markets (Spain, Brazil, Germany, and the United Kingdom) while aiming to expand its presence in other European markets. Murtra criticized the European Commission for moving too slowly on deregulation.

Bitel, mobile operator that came from Vietnam and is already the third largest in Peru

According to official data, it surpassed Entel last August to claim the third position. It already has 400,000 5G lines, a market in which it will focus its investments in the upcoming period.

América Móvil reports strong results driven by growth in mobile and fixed subscriptions

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After the buying rally, Millicom reports strong third-quarter results