Telefónica

Consolidated Management Report

Fiscal Year 2024

Telefónica, S.A. is a Spanish multinational telecommunications operator and one of the largest integrated telecom groups in Europe and Latin America, offering fixed, mobile and digital services under brands including Movistar, O2 and Vivo. Headquartered in Madrid, it serves hundreds of millions of customers, with commitments on decarbonisation, digitalisation and responsible governance.

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