Telefónica Q3 FY22: Telefónica stays serene in the storm

Neal Doran7 November 2022

Source: Unsplash / Kourosh Qaffari

Telefónica highlights the foresight and successes of its overall strategy. Heading towards a strong full-year performance, despite continued buffeting by global events.

Group seeing underlying growth in most markets, further boosted by positive foreign exchange fluctuations.
Focus on developing Telefónica Tech’s digital business is starting to pay dividends.
Hispanoamérica’s revised operating model proving successful, and may be a catalyst for further disruptive change in the region, but management maintains the business remains outside core.

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