Telefonica S.A - ADR Stock News

Telefonica renewed a contract with Chinese manufacturer Huawei (HWT.UL) to supply equipment for its 5G mobile core network for retail customers in Spain until 2030, El Pais newspaper reported on Thursday, citing unnamed industry sources.

Spanish telecom giant Telefonica is replacing all of its 5G equipment made by Chinese manufacturer Huawei in Spain and Germany to comply with local rules, but it intends to keep it in Brazil.

The plan to spin off joint venture Virgin Media O2's fixed network in Britain had been scrapped, Telefonica's Chief Executive Marc Murtra told Reuters on Wednesday.

Telefónica, S.A. (NYSE:TEF ) H1 2025 Earnings Call July 30, 2025 4:00 AM ET Company Participants Emilio Gayo Rodríguez - COO & Executive Director Laura Abasolo García de Baquedano - Chief Financial and Control Officer & Head of Hispanoamerica Lutz Schuler - Chief Executive Officer of Virgin Media O2 Marc Thomas Murtra Millar - Executive Chairman & CEO Markus Haas - CEO & Chairman of Telefónica ...

Spanish telecom giant Telefonica booked a net loss of 51 million euros ($58.93 million) in the second quarter due to currency swings and capital impairments on assets sold in Latin America.

Spanish telecom giant Telefonica is in advanced talks to sell its business in Mexico to Beyond ONE, the Dubai-based owner of Virgin Mobile Mexico, three sources familiar with the matter said to Reuters. The possible transaction comes as Telefonica continues an approach to exit lower-margin Latin American markets and target four core geographies.

Spanish telecom giant Telefonica is in exclusive talks to sell its Mexican business to Beyond ONE, the owner of Virgin Mobile Mexico, three sources with knowledge of the negotiations said.

Vodafone Group PLC (LSE:VOD) shares were one of the top risers on the FTSE 100 as the telecoms group lined up a new chief financial officer to take over this autumn, who had the feel of a potential CEO succession candidate in time. Pilar López will succeed Luka Mucic, who is stepping down as CFO at the end of November.