Telefónica is a publicly owned Spanish multinational telecommunications company founded in 1924 and headquartered in Madrid. Employing approximately 129,510 people, the company operates across Europe and the Americas, providing fixed and mobile telephony, broadband internet access, and subscription television services. Telefónica's annual revenue exceeds $1 billion (as of 2024). It is a major player in the global telecommunications market, with brands such as Movistar and Telefónica Hispanoamérica. A subsidiary, Telefónica Brasil S.A., also operates within the company's structure.
In June, Telefónica reached an agreement with Millicom Spain S.L. to sell its 100% stake in Telefónica Uruguay. This acquisition was subsequently approved by the regulatory authorities in Uruguay. Separately, Ecuador's Superintendency of Economic Competition approved Millicom's USD 380 million acquisition of Otecel, the Telefónica-owned operator of the Movistar and Tuenti brands, finding the transaction posed no competition risks. In a different initiative, Telefónica Germany partnered with 5G-Synergiewerk to install streetlights providing 5G coverage and lighting at the Munich Oktoberfest, a pilot project to expand digital infrastructure.
Telefónica offers 5 products in the media and telecoms services industry. Telefónica's product portfolio comprises of media and TV services and telecoms services.
Subscribe for full access to Telefónica's products in full detail
Telefónica's revenues were $43.4B in 2024. Caretta Research has split Telefónica's revenue into 5 different product categories, the largest of which is mobile services, which represents 34% of Telefónica's revenue.
Subscribe for full access to Telefónica's revenue in full detail
Telefónica currently holds 64 broadcasting rights for sports competitions including padel and pickleball, rugby union, baseball, rugby league, athletics, ice hockey, american football, soccer | association football, basketball, golf, motorsports and tennis.
Subscribe for full access to Telefónica's products in full detail 
