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Telefónica
Telefónica, S.A. (Spanish pronunciation: [teleˈfonika]) is a Spanish multinational telecommunications company. It has headquarters as well as a registered office in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas.
Along with its Telefónica brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. On 15 April 2012, Telefónica shut down TVA and Ajacto, which unified the brand into Vivo.
The company was created in Madrid in 1924, as Compañía Telefónica Nacional de España (CTNE), with ITT among its major shareholders. In 1945, the state acquired by law a share of 79.6% of the company, later diluted by a capital increase in 1967.
Until the liberalization of the telecom market in 1997, Telefónica was the only telephone operator in Spain, where it retained a dominant position. Telefónica is present in 12 countries in Latin America and Europe, as of January 2024.
Telefónica is a publicly listed company with more than 1.5 million direct shareholders. At the end of 2025 its share capital comprised 5,670,161,554 ordinary shares (one euro each) traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao, and Valencia) and on those in London, New York, Lima, and Buenos Aires.
Telefónica is a national defence service provider in Spain, where the government has a regulatory role in its M&A, including shareholders.
In September 2023, Saudi Arabia's telecom, STC Group, became Telefónica's largest shareholder, with a 9.9% holding, increasing its stake to €2.1 billion ($US2.23 billion), through shares and convertible financial instruments. Announced in December 2023, the Spanish government subsequently acquired a 10% stake in Telefónica, valued at $2.2 billion, in May 2024, to offset the telecom's Saudi ownership stake, through state holding company SEPI.
Stockholders of 5% or more ownership in the company, as at August 13, 2025, are:
Telefónica
Telefónica, S.A. (Spanish pronunciation: [teleˈfonika]) is a Spanish multinational telecommunications company. It has headquarters as well as a registered office in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas.
Along with its Telefónica brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. On 15 April 2012, Telefónica shut down TVA and Ajacto, which unified the brand into Vivo.
The company was created in Madrid in 1924, as Compañía Telefónica Nacional de España (CTNE), with ITT among its major shareholders. In 1945, the state acquired by law a share of 79.6% of the company, later diluted by a capital increase in 1967.
Until the liberalization of the telecom market in 1997, Telefónica was the only telephone operator in Spain, where it retained a dominant position. Telefónica is present in 12 countries in Latin America and Europe, as of January 2024.
Telefónica is a publicly listed company with more than 1.5 million direct shareholders. At the end of 2025 its share capital comprised 5,670,161,554 ordinary shares (one euro each) traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao, and Valencia) and on those in London, New York, Lima, and Buenos Aires.
Telefónica is a national defence service provider in Spain, where the government has a regulatory role in its M&A, including shareholders.
In September 2023, Saudi Arabia's telecom, STC Group, became Telefónica's largest shareholder, with a 9.9% holding, increasing its stake to €2.1 billion ($US2.23 billion), through shares and convertible financial instruments. Announced in December 2023, the Spanish government subsequently acquired a 10% stake in Telefónica, valued at $2.2 billion, in May 2024, to offset the telecom's Saudi ownership stake, through state holding company SEPI.
Stockholders of 5% or more ownership in the company, as at August 13, 2025, are:
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