Telefónica is one of the world's largest telecommunications operators by market capitalisation. Its activities are centred mainly within the fixed and mobile telephony sectors, while its broadband business is the key growth driver underpinning both.
Telefónica has a presence in 25 countries and more than 260 million customers. The company's growth strategy is focused on the markets in which it has a strong foothold: Spain, Europe and Latin America. However, the company is widening its horizons for growth through strategic and industrial alliances.
More than 62% of Telefónica's earnings (more than 27 billion euros for the first nine months to 30 September 2008) come from outside Spain. Here, revenue represents an average of 1.2% of the GDP of the economies, where it operates.
Telefónica enjoys a 20% market-share within the European telecommunications market. Our sector helps contribute towards 25% of Europe's GDP growth.
Head-quartered in Madrid, Spain, Telefónica is a 100% private company, with more than 250,000 employees and 1.5 million direct shareholders. In 2007, the Company offered a return of 41.9% to its shareholder base.
Telefónica S.A. - Profile and Strategy presentation
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