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.

After celebrating its 100th anniversary in 2024, Telefónica is laying the foundation for a new era in its history. Marc Murtra, the CEO who unexpectedly took the helm on Saturday, January 18, is embarking on a “strategic review,” where Europe, its geopolitical weight, and the market consolidation trend in telecommunications play a key role. In this repositioning, its operations in Spanish-speaking Latin America appear to be a burden the company aims to shed as soon as possible.

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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.

MORE ANALYSIS

Millicom increased profits despite lower sales

The volatility of regional currencies against the dollar and the suspension of B2B business impacted the financial results. The operator reached 41.6 million mobile users, with strong growth in the postpaid subscriber base.

Telefónica's results were hit by divestitures in Argentina and Peru

It posted a loss of €1.304 billion in the first quarter of 2025, mainly due to losses of €1.731 billion from the sales of its subsidiaries in Argentina and Peru. The customer base reached 354 million accesses, driven by fiber rollout and, to a lesser extent, mobile postpaid.

APIs: Telcos' alternative to not being tied to hyperscale players

América Móvil added 2.8 million subscribers in the first quarter of 2025

The operator achieved a revenue increase of almost 40% compared to the same period in 2024. Of the new subscriptions, 2.4 million were

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.

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