Marc Murtra
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- 4d ago
Telefónica swings to €464 million profit in January-September, raises 2026 targets
Telefónica posted a net profit of 464 million euros for the first nine months of 2026, against a loss of 1,080 million euros a year earlier. The company also raised several full-year financial targets and confirmed its dividend.
- Oct 19
Deutsche Telekom, Vodafone, Telefónica and Orange team up for European satellite spectrum
Deutsche Telekom, Vodafone, Telefónica and Orange signed a letter of intent on Monday, 19 October, to bid jointly for radio frequencies for mobile satellite services in Europe. The spectrum is expected to become free in 2029 and is currently used for purposes such as in-flight internet.
- Sep 30
Telefónica shifts registered office to Las Tablas and restructures Spanish operations into three units
The board of directors approved a new operational structure dividing Telefónica España into three independent divisions while formally relocating its registered office to Distrito Telefónica following the sale of its Gran Vía building.
- Jul 29
Telefónica cuts H1 loss 75% to €338M, raises 2026 cash flow target after Spain and Brazil drive revenue growth
The Spanish telecom group posted a net loss of €338 million for the first half, down from €1.355 billion a year earlier, as charges from its Chile exit and German restructuring weighed. Revenue rose 1.7% to €16.39 billion, and the company now expects higher operating cash flow for the full year.
- Jul 1
BBVA slashes historic Telefónica stake to under 2%, ending three decades as core shareholder
The Spanish bank sold more than half of its holdings, reducing its stake from 5% to 1.96% in a roughly €600 million transaction, ending a three-decade presence on the telecom's board.
