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

Nokia: Telcos aim for level 4 autonomous networks by 2030

This goal was conveyed to Convergencia by Rodrigo Brito, VP of Autonomous Networks at the company, within the framework of MWC Barcelona 2026. The implementation of "attempts" is key along the way.

Telcos keep losing staff, now due to AI impact

A report by consultancy MTN covering 72 major operators recorded a total of 4.344 million employees in the third quarter of 2025, 2% fewer than a year earlier. Telefónica led the layoffs, reducing its workforce by 10,100 people.

Telefónica reported 2025 losses linked to exceptional events

The sale of four Latin American subsidiaries, along with the layoff of 5,000 employees, generated a negative accounting impact.

Liberty Latin America maintains postpaid, B2B revenue after Melissa hurricane

Its revenues reached US$1.16 billion in the fourth quarter, with a slight year-on-year increase of 1%. Mobile subscribers totaled 6.79 million, while RGUs reached 3.83 million.

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

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