Telefónica Q1 spend: thrifty group nears single-digit intensity

Richard Agnew2025-06-23T00:00:00

Spend: thrifty Telefónica nears single-digit intensity

Source: Telefónica

Drops in capex and capital intensity re-emphasise Telefónica’s lead over many European telco peers when it comes to moving into new, more outlay-light era…

This article includes:

Organisations: Telefónica.
Geographic: Brazil; Chile; Europe; Germany; Hispam; Spain; UK.
People: Emilio Gayo.
Themes: Capex; Capex efficiency; Capital intensity; Copper retirement; Cost reduction; Cost squeeze programme; EBITDA AL; Executives; Fibre rollout; Financial flexibility; Financial framework; Higher supplier costs; Industrial rationale; Infrastructure separation; Internal transformation; Legacy infrastructure; Network quality improvement; Opex; Outlay-light era; Projects; Simplification; Spend patterns; Strategic roadmap; Strategic review; Technology and operational excellence.
Events: Telefónica Q1 FY25.

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