Spanish Telefonica plans to acquire full control over the British VMO2 joint venture

Telefónica hires Citi to explore Chilean exit - report

Telefónica has reportedly hired Citi as an adviser to sell its Chilean business unit. As reported by El Confidencial earlier this week, Telefónica CEO Marc Murtra has commissioned the sale, which could bring in €1 billion ($1.12bn). The same Spanish …

What’s up with… Telefónica, Rakuten Mobile, SK Group

In today’s industry news roundup: Telefónica records only minor organic sales and earnings growth ahead of its strategic review; Japan’s Rakuten Mobile finally reports a quarter of positive EBITDA; SK Telecom’s parent company forms a special data …

Telefónica reports €1.3bn loss in Q1

Telefónica, the Spanish telco, has presented the results for the first quarter of 2025, marked by the ratification of financial targets for the full year and the strengthening of businesses in the main markets. Net income from continuing operations – those …

Debt, disruption, and dead ends: Telefonica’s tactical retreat from Latin America

Telefonica has been active in Latin America for decades – but in late 2019, it announced plans to withdraw from many of the markets in this region, divesting or spinning off its operations in a process that is ongoing. From a business standpoint, this made …

Spain's Telefonica posts quarterly loss after write-downs for Peru, Argentina disposals

FILE PHOTO: The logo of Spanish telecom company Telefonica is displayed at its headquarters in Barcelona, Spain May 3, 2025. REUTERS/Nacho Doce/File PhotoMADRID: Spanish telecom company Telefonica reported a first-quarter net loss of 1.3 billion …

Telefonica Q1 Income From Cont. Ops. Declines, Revenues Up 1.3% Organically; Confirms FY Guidance

Telefonica reported first quarter profit from continuing operations attributable to equity holders of the Parent of 427 million euros compared to 576 million euros, a year ago. Basic earnings per share from continuing operations was 0.06 euros compared to …

Telefonica: Q1 Earnings Snapshot

MADRID (AP) — MADRID (AP) — Telefonica SA (TEF) on Wednesday reported a loss of $1.37 billion in its first… MADRID (AP) — MADRID (AP) — Telefonica SA (TEF) on Wednesday reported a loss of $1.37 billion in its first quarter. The Madrid-based company said it …

Telefonica books $1.45 billion net loss on write-offs in Argentina, Peru

MADRID (Reuters) -Spanish telecom company Telefonica said on Wednesday it booked a net loss of 1.3 billion euros ($1.45 billion) in the first quarter after it wrote down the value of the units it sold in Peru and Argentina. Analysts expected a 1.32 billion …

Telefonica posts $1.45 billion loss after write-downs on Peru, Argentina sales

MADRID (Reuters) -Spanish telecom company Telefonica reported a first-quarter net loss of 1.3 billion euros ($1.45 billion) on Wednesday, following a write-down of the value of its units sold in Peru and Argentina. Analysts had forecast a loss of 1.32 …