Telefonica, S.A. operates as a diversified telecommunications group that provides fixed line and mobile telephony services.
Telefonica wants to enhance people’s lives and the performance of businesses as well as the progress of the communities where they operate by delivering innovative services based on information and communications technologies.
The company was founded in 1924. As of March 2013, it operates in 24 countries and its total number of customers amounted to 315.7 million.
Telefónica has one of the most international profiles in the sector with more than 77% of its business outside its home market and a reference point in the Spanish and Portuguese speaking market.
The Group stands in seventh position in the sector Telco worldwide in terms of market capitalisation the 1st as an European integrated operator and in seventeenth position in the Eurostoxx 50 ranking, composed of the major companies in Europe (March 31st 2013).
Telefónica is a listed company. It has more than 1.5 million direct shareholders. Its capital traded on the continuous market on the Spanish Stock Exchanges (Madrid, Barcelona, Bilbao and Valencia) and on those of London, New York, Lima and Buenos Aires.
In Latin America, Telefónica gives service to more than 212.4 million customers as of the end of March 2013 becoming the leader operator in Brazil, Argentina, Chile and Peru and has substantial operations in Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Puerto Rico, Uruguay and Venezuela. In Europe, on top of the Spanish operations, the Company has operating companies in the United Kingdom, Ireland, Germany, Czech Republic and Slovakia, providing services to more than 102.7 million customers as of the end of March 2013.