Spanish multinational telecommunications multimedia s movistar headquartered in Madrid, Spain. As well as the Telefónica brand, it also trades as Movistar, O2 and Vivo. The company is a component of the Euro Stoxx 50 stock market index.
ITT as one of its major shareholders. Its share capital currently comprises 4. London, New York, Lima, and Buenos Aires. A map highlighting Telefónica’s global operations. Telefónica is the second largest corporation in Spain, behind the Santander Group. Telefónica was the parent of Telefónica Deutschland, which held two alternative IP carriers.
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UK-based operator O2 which also provided mobile phone services in Germany under the O2 brand. Telefónica Germany, purchased competitor E-Plus on 1 October 2014. As part of the purchase, Telefónica reduced its stake in its subsidiary to 62. Integration continues as of August 2015, but the now merged network is Germany’s largest in customers.
25 billion, aiming to merge it with his subsidiary Three. In France, since 2011, Telefónica has a joint venture with the French telecommunications company Bouygues Telecom, part of the Bouygues group, to offer global telecommunication services packages to multinational companies. Telefónica operates the Movistar mobile phone brand throughout Latin America. In Mexico it occupies a distant second place and it is the largest in Chile, Venezuela, Brazil, and Peru. Telefónica owns Telefónica de Argentina which is the largest fixed-line operator in the country.
It provides broadband, local and long distance telephone services in southern part of the country as well as the Greater Buenos Aires area. The Telefónica Group has been in the country since 1990. The mobile business is run by Telefónica Móviles through Movistar, a local subsidiary. Telefónica’s largest fixed-line operation in South America is in Brazil, where it provides broadband, local and long distance telephone services in the aforementioned state, which alone represents the highest GDP of South America. In 2009, after four big “blackouts” on Telefónica’s broadband “Speedy”, ANATEL ordered Telefónica to stop sales of its broadband service until improvements were made on the infrastructure to provide better-quality service.