Wednesday, May 14, 2025

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.

Telefónica reported 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, which were sold for amounts below their book value.

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Globales · Operators14/05/2025

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.

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