I've exited my Telefonica position after years of solid returns, as the stock nears my $5/share price target and upside looks limited. Despite decent 1Q25 results and strong brands like VIVO and O2, organic revenue and B2C sales are showing negative trends. While Telefonica is meeting its own 2025 targets, negative free cash flow and rising churn in core markets concern me.
Telefonica, S.A. (NYSE:TEF ) Q1 2025 Earnings Conference Call May 14, 2025 4:00 AM ET Company Participants Torsten Achtmann - Director of IR Emilio Rodriguez - COO Laura Abasolo - CFO and Control Officer Lutz Schuler - CEO Virgin Media O2 Markus Haas - CEO of Telefonica Deutschland Conference Call Participants Andrew Lee - Goldman Sachs Mathieu Robilliard - Barclays Fernando Cordero Barreira - ...
The swing reflected the sale of its Argentine and Peruvian units along with the depreciation of the Brazilian real. The company said it was on track to meet its full-year guidance.
Spanish telecom company Telefonica said on Wednesday it booked a net loss of 1.3 billion euros ($1.45 billion) in the first quarter after it wrote down the value of the units it sold in Peru and Argentina.
Spanish telecoms company Telefonica has hired Citi as an adviser to sell its Chilean business, news website El Confidencial reported on Monday, citing unidentified market sources.
Telefonica said it has been working to gradually recover its service after Spain was hit by a major electrical outage, which caused widespread disruption to the Iberian Peninsula.
Spanish telecom company Telefonica said on Sunday it had agreed to sell its Peruvian unit, which recently filed for bankruptcy protection, to Argentina's Integra Tec International for about 900,000 euros ($1.02 million).
Argentina's presidential office on Friday said it issued a preventive measure to suspend Telecom's acquisition of Telefonica's local unit, claiming the pending merger could lead to excessive market concentration.
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