Telefónica FY21: Group anticipating a new, asset-light dawn

FY21: Group anticipating a new, asset-light dawn

Source: Jakob Owens / Unsplash

Solid organic performance fuels management confidence in Telefónica’s ability to maintain growth and regain traditional swagger. Álvarez-Pallete on a mission regarding Telefónica transformation. New Spain and UK FibreCos to round off Group infrastructure monetisation programme. Near-term growth may still be dependent on inorganic activity in Brazil and JV success ...

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