Telefónica, S.A. is a Spanish multinational telecommunications group headquartered in Madrid. The company provides fixed and mobile connectivity, fiber broadband, pay TV, and a range of digital services to consumer and enterprise customers. It operates mainly in Europe and Latin America, with key brands including Movistar (Spain and Latin America), O2 (Europe), and Vivo (Brazil), and holds network assets spanning fiber-to-the-home and 4G/5G mobile infrastructure, as well as wholesale capacity.
Beyond connectivity, Telefónica offers enterprise solutions such as cloud, cybersecurity, IoT, and data analytics that support digitalization across sectors, including energy, manufacturing, and infrastructure. Telefónica is listed on the Spanish stock exchanges and is a constituent of the IBEX 35 index.
Also known as Telefónica Group.
Governance refreshed to accelerate financial reorganisation, improve operational efficiency and preserve liquidity; new CEO and turnaround-focused leadership appointed.
Galán praises UK's regulatory stability and plans to double investments, enhancing local supply chains and jobs, while supporting UK-EU cooperation on electrification and energy security.