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Founded: Jan 1995

Movistar is a major Spanish mobile phone operator owned by Telefónica S.A.. It operates in Spain and in many Latin American countries. It is the largest carrier in Spain with 22 million customers (cellphone services only) and 41.58% of market share.2 Its principal competitor in Latin America is America Movil. It offers GSM 900/1800 MHz (Spain) 850/1900 (America) (2G), UMTS 2100 & 1900 MHz (3G) and HSDPA (3.5G) services.