In the first quarter of 2026, it generated revenues of €8.127 billion, representing a 0.8% year-on-year increase at constant exchange rates. The sale of its operations in Chile, Colombia, and Mexico resulted in a €798 million loss. It closed March with 297.9 million mobile accesses and 74.9 million fixed broadband subscriptions.

In the first quarter of 2026, Telefónica generated revenues of €8.127 billion, representing a 0.8% year-on-year increase at constant exchange rates and 0.4% in reported terms.

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Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

In the first quarter of 2026, it generated revenues of €8.127 billion, representing a 0.8% year-on-year increase at constant exchange rates. The sale of its operations in Chile, Colombia, and Mexico resulted in a €798 million loss. It closed March with 297.9 million mobile accesses and 74.9 million fixed broadband subscriptions.

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Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

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Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

List all analysis

Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

MORE ANALYSIS

Operators maintain profits with limited investment and cost controls

That is according to a report by analyst firm MTN Consulting, which estimated EBIT margins at 15.7% in the fourth quarter of 2025.

CNT Ecuador turns profitable, accelerates growth in 5G and fiber

Ronald Spina is General Manager of the National Telecommunications Corporation (Corporación Nacional de Telecomunicaciones, CNT). He said the state-owned Ecuadorian operator’s turnaround was achieved while improving its EBITDA margin and accelerating the rollout of FTTH and 5G.

Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

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