Spain

All the latest key telecoms and digital infra insight, news and analysis from Spain.

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Financial & Performance

Telefónica eyes more areas to chop spend, concoct cash flow

2026-04-07T12:52:00+01:00

FY25: After spending much of last year stewing over the ingredients of its new Transform & Grow revival plan, Telefónica indicates it is now ready to begin cooking. The five-year programme looks set to kick off with some substantial wins on opex savings and capital intensity.