Telefónica Q3 FY22: Telefónica stays serene in the storm

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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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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo 

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