Digital Journal

All posts tagged "Telefónica"

The job cuts represent nearly a quarter of Telefonica's workforce in Spain

Business

Telefonica to shed around 5,500 jobs in Spain

Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm...

AFPDecember 22, 2025

Telefonica has been refocusing its operations on its four key markets -- Brazil, Germany, Spain, and the United Kingdom

World

Spain’s Telefonica shares drop on dividend cut, net loss

Shares in Spanish telecoms giant Telefonica fell sharply on Tuesday after it posted a net loss for the first nine months of the year...

AFPNovember 4, 2025

The sale of the Argentine subsidiary comes a month after the surprise appointment of Marc Murtra as Telefonica boss

Business

Spain’s Telefonica sells Argentina subsidiary for $1.2 bn

Spanish telecommunications giant Telefonica agreed to sell its Argentine subsidiary to Telecom Argentina for $1.2 billion on Monday, prompting libertarian President Javier Milei’s government...

AFPFebruary 24, 2025

Saudi Telecom announced in September it had paid 2.1 billion euros ($2.3 billion) for a 9.9 percent share in Telefonica, causing concern in Madrid.

Business

Spain takes stake in Telefonica after Saudi deal concerns

Spain's government has acquired a three-percent stake in telecoms giant Telefonica following concerns over a Saudi firm taking a piece of a company.

AFPMarch 26, 2024

The Spanish government's stake in Telefonica will balance out a similar stake taken by Saudi Telecom (STC)

Business

Spain takes 10% of Telefonica following Saudi stake

Spain said Tuesday it will acquire 10 percent of local telecoms giant Telefonica, just months after Saudi Telecom took a significant stake in the...

AFPDecember 19, 2023