primarily across Europe and Latin America, Telefónica manages its portfolio through globally recognized premium brands such as Movistar (in Spain and Latin America), O2 (in the UK and Germany), and Vivo (in Brazil).

At the core of its strategy, Telefónica is driving a profound digital transformation centered on providing excellent connectivity through the continuous development of next-generation networks, including extensive fiber optic (FTTH) and 5G deployments.

Beyond connectivity, the company has a strong focus on new digital services. Through its Telefónica Tech division, it offers a powerful suite of integrated solutions for B2B clients in high-growth areas, including Cybersecurity, Cloud, IoT, and Big Data.

Telefónica is also at the forefront of open innovation through Wayra, its corporate venture capital (CVC) arm. Wayra invests in and scales disruptive technology startups across the globe, integrating them into Telefónica's ecosystem to foster innovation and develop new business opportunities.

As a publicly-traded company, Telefónica is committed to generating sustainable value for its stakeholders and empowering digital inclusion with a mission to "make our world more human by connecting people's lives."