Telefonica, a publicly owned company headquartered in Spain, was founded in 1924 and operates with approximately 129,510 employees. It reported $39.7B in revenue as of 2025. Functioning as a Spanish multinational telecommunications company, Telefonica provides fixed and mobile telephony, broadband, and subscription television services, operating across Europe and the Americas. Its brands include Movistar and Telefónica Hispanoamérica.
On September 4, 2026, Movistar, Telefónica's brand, partnered with LaLiga to launch the fifth edition of their 'Estadio Movistar LaLiga' roadshow. The interactive exhibition will offer immersive football experiences in various Spanish cities, including open urban spaces, throughout the 2026-27 season. Earlier on the same day, Telefónica finalized the sale of its iconic Gran Vía 28 building in downtown Madrid to General de Galerías Comerciales for a reported €200 million. This divestiture forms part of Telefónica's strategy to optimize its real estate assets, as outlined in its "Transform & Grow" strategic plan.
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Telefonica currently holds 65 broadcasting rights for sports competitions including ice hockey, american football, basketball, golf, baseball, motorsports, soccer | association football, combat sports, rugby union, athletics, padel and pickleball, tennis and rugby league.
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