Telefónica Q2 FY24 Spend: Tight lid kept on expenses

Cameron Page2024-08-08T15:20:00

Group pulls back on spending after Q1 investment spree, keeping capital intensity well within guidance range.

This article includes:

Organisations: Liberty Global; Telefónica España; Telefónica Group; Virgin Media O2 (VM O2).
Geographic: Brazil; Europe; Germany; Latin America; Spain; UK.
People: José María Álvarez-Pallete.
Themes: Artificial intelligence (AI); Automation; Capital expenditure (capex); Capital intensity; Cash flow; Cloud; Copper; Digital services; Financial results; Investments; Job cuts; Network observability; Operating expenditure (opex); Open network architectures; Operational efficiency; Strategy; Supply costs; Tech cycle optimisation; Virtualisation.

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