Friday, July 20, 2012

Telefónica: Leading Integrated Telecom Service Provider in Latin America


Telefónica is one of the leading providers of integrated telecom services. It has a felt presence in information, communications and entertainment sectors in Latin America and Europe. Over 72% of Telefónica’s businesses are found in Portuguese and Spanish speaking markets which makes it one with the most international profiles in the industry.

The company has widely covered the major Latin America markets as of March 2012. Its customer base is reported at 205.4 million in Latin America making it the telecom leader in Peru, Chile, Argentina and Brazil. It substantially covers the other countries in Latin America. The other 103.2 million clients are from European markets which include the UK, Germany, Ireland, Czech Republic and Slovakia.

As of March 31, 2012, Telefónica has glued its position in the telecom in the world. The company is ranked sixth in the world in terms of capitalization, first in Europe as an integrated telecom service provider, and eleventh in the Eurostoxx 50. The company’s stocks are listed on all the major Spanish and foreign stock exchanges.

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