Telefónica Q1 FY24 In-depth: new strategy kicks off with ups and downs


Source: Telefónica

Decent commercial performances in key markets, with Brazil again standout with cross-segment growth, and Hispam still in decline. Ramp-up predicted as FY advances. Read more…

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  • Organisations: Telefónica Group; Telefónica España; Telefónica|Vivo; Telefónica Deutschland (O2 Germany); Virgin Media O2; Telefónica Hispam; Bluevía; nexfibre; ON*NET Fibra Colombia; Telxius; Pontegadea; Telefónica Tech; Digi Spain; FibreCo.
  • Geographic: Brazil; Germany; Spain; UK; Colombia; Mexico; Argentina; Chile.
  • People: Ángel Vilá; Laura Abasolo.
  • Themes: Revenue growth; EBITDA growth; free cash flow; Net customer additions; Fixed and mobile services; B2B segment; cost reining; Eearly-retirement plan; Copper switch-off; Tax assets monetisation; Net financial debt; Network access deal; Spectrum licences; Mobile termination rates; Handset sales; Macroeconomic environment; Digital services; Efficiency measures; Currency depreciation/devaluation; Fibre rollout; Premises passed; Submarine cable traffic; Cybersecurity; Cloud computing.
  • Events: Telefónica Q1 2024 Financial Results; Telefónica Capital Markets Day (November 2023).

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