Movistar, also known as Telefonica Hispam, is a privately owned company headquartered in Spain. A subsidiary of Telefonica, the company was founded in 1996, employs approximately 10,340 individuals, and reported $9.8B in revenue as of 2024. It functions as a major telecommunications service provider operating across Spanish-speaking Latin America, with subsidiaries including Movistar Mexico and Movistar Venezuela. The company specifically operates in Mexico, Chile, and Venezuela.