Telefónica, S.A. Price & Performance (TEF)

Telefonica has finalized the sale of its struggling Peruvian business for $1 million, marking another step in its ongoing strategy to reduce exposure in Latin America. The move aligns with the company’s broader plan to streamline operations and focus on core markets, following years of challenging market conditions in the region.12

At its annual meeting, Telefonica shareholders overwhelmingly ratified Marc Murtra as executive director, with over 90% support. The company also confirmed a €0.30 per share dividend for 2025, payable in June and December, reinforcing its commitment to shareholder returns amid ongoing corporate restructuring.34

Telefonica Brasil has completed its transition from a public concession to a private authorization regime for fixed telephone services. This regulatory change is expected to increase operational agility and efficiency, positioning the company to better pursue growth opportunities in Brazil’s evolving telecom landscape.56