TELEFONICA, July 27th 2023


Free cash flow reached €842 million in the second quarter, doubling that of the first quarter of the year. Telefónica accelerated growth during the second quarter of the year reaching a net income of €462 million, 44.5% more compared to the same period of 2022. Revenue rose 0.9% to €10,133 million between April and June this year and confirmed its favourable progression by growing for the fifth consecutive quarter. Telefónica maintains its international leadership in technology and network deployments, with more than 169 million premises passed with UBB networks and a high 5G coverage in its core markets.

Leave a Reply