Movistar, also known as Telefonica Hispam, is a privately owned company headquartered in Spain that operates as a subsidiary of Telefonica. Founded in 1996, it employs approximately 10,340 individuals and reported $9.8B in revenue as of 2024. The company functions as a telecommunications service provider operating across Spanish-speaking Latin America, with specific operations in Mexico, Chile, and Venezuela. Its subsidiaries include Movistar Mexico and Movistar Venezuela.