Telefónica

Categories: Cleanup from October 2005 | Companies traded on the New York Stock Exchange | Companies traded on the Tokyo Stock Exchange | Companies of Spain

This article needs to be cleaned up to conform to a higher standard of quality.
This article has been tagged since October 2005.
See Wikipedia:How to edit a page and Category:Wikipedia help for help, or this article's talk page.

Image:Telefonica.PNG

Telefónica logo

Image:Telefonica building in Santiago Chile.jpg

Telefónica building in Santiago, Chile

Telefónica S.A. NYSE: TEF (TYO: 9481) is the former national telephone network operator (telco) in Spain.

Telefónica was the only telephone operator in Spain, being a monopoly, until 1997, when the government retired its total control over the corporation and Telefonica became a private company. Since then, the company has fought against the new operators in the country.

Due to its large market share (over 75% in 2004), Telefónica is still considered a de-facto monopoly in fixed telephony in Spain.

1 Businesses
2 Acquisitions
3 Ownership
4 See also
5 External links
- 5.1 Data

[edit]

Businesses

Telefónica is the largest corporation in Spain and has a large presence in Latin America. It owns Telefónica de España, the largest fixed phone and ADSL operator in Spain, Telefónica Moviles (under the movistar brand name), the largest mobile phone operator in Spain and Terra Networks, S.A., an Internet subsidiary, Telefónica Publicidad e Información, S.A. (TPI), the publisher of the Spanish Yellow Pages edition, etc.

Its largest operation in Latin America is in Brazil, where it serves broadband, local and long distance telephone services in the São Paulo state.

Telefónica operates movistar, the second-largest mobile phone operator in Mexico and the largest in Chile and Peru, and is currently engaged in a strong price war against number one operator Telcel.

The company also operates wireless phone services in many Latin American countries, under the movistar brand name, and owns 50% of Brazilian wireless operator Vivo.

[edit]

Acquisitions

In 2005, Telefónica bought Český Telecom, Czech phone operator (with de-facto monopoly on land lines). Telefónica S.A Owns CTC (http://www.telefonicactc.cl/) (Compañia de Telefonos de Chile) is the bigger phone operator and Internet service provider (http://www.tie.cl/) in the Country.

In October 2005, it was announced that Telefónica had agreed a £17,7 billion (€ 25,7 billion) deal to buy the British mobile telephone network operator O2 plc.

[edit]