Telefónica achieved all its financial objectives in 2024 and faces a "strategic review" of its businesses

Revenues for the year totalled €41.315 billion, up 1.6% compared to 2023. Marc Murtra, the operator's new CEO, said that this year they are aiming for cash flow growth and achieving regulatory changes in Europe that will allow concentration and strategic autonomy with respect to other blocks or regions in the world.

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América Latina · Operators16/04/2025

Telefónica reshapes Hispanoamérica: Colombia and Peru in play

These are the last two divestments of the Spanish operator in the region. Its operations remain in Mexico and Chile, the largest, and in Ecuador, Uruguay and Venezuela, the latter with the burden of a recent investment of US$ 500 million to deploy 5G in that country.

Perú · Operators14/04/2025

Telefónica sold its Peruvian subsidiary for € 900,000 in addition to debt of more than € 1.2 billion

The buyer is the Argentine firm Integra Tec International, which has no experience in the large-scale operation of telecommunications services. The purchase is being made in the midst of a bankruptcy proceeding. Telefónica del Perú stated that the operational transition is guaranteed due to the continuity of its management team and access to fresh funds to sustain business operations.

América Latina · Operators11/04/2025

Latin American telecommunication market remains turbulent and on the path to consolidation.

Telefónica's exit from Argentina is part of a broader move by the Spanish operator, which has focused on Brazil and Europe. Meanwhile, Liberty Latin America is gaining ground, while WOM changes owners in Colombia and Chile.

Argentina · Operators03/04/2025

Claro filed two presentations before the regulator Enacom regarding the sale of Telefónica.

The texts question the lack of prior authorization request to the entity to carry out the transfer of spectrum usage permits and licenses, among other aspects. "The operation must be framed within a framework of legality," they said at Claro.

América Latina · Operators01/04/2025

Telefónica rushes its exit from Latin America pressured by geopolitics

Regional operations appear to be a burden that must be set aside as soon as possible, in the new scheme presented by Marc Murtra, the new CEO of the Spanish operator.

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