Core Insights - Telefonica, S.A. has achieved over 90% population coverage in Spain with its 5G network by the end of 2024, significantly reshaping the digital landscape since the launch of its services in September 2020 [1] - The company has experienced a 50% growth in its 5G coverage across more than 1,500 municipalities in the last six months, enhancing its market position in the critical 3,500 MHz spectrum [2] - Telefonica's 5G+ services provide high performance with ultra-fast speeds and minimal latency, improving user experience and network quality [3] 5G Network Deployment - The 3,500 MHz band enables innovative features like Network Slicing, which allows tailored network quality for various industries, and has been utilized in collaboration with emergency services for improved communication [4] - The 700 MHz band enhances indoor connectivity and outdoor coverage, extending across over 3,585 municipalities in Spain, significantly increasing from an initial coverage of 78% in 2020 [5] Fiber Network Expansion - Telefonica has accelerated the expansion of its Fiber-to-the-Home (FTTH) network, complementing its 5G coverage and ensuring high-quality connectivity for users [6] - By September 2024, the company reported 393 million accesses globally, with fiber connections growing by 11% and mobile contracts by 3%, positioning it as a leader in fiber networks [7] Stock Performance - Telefonica currently holds a Zacks Rank of 2 (Buy), with its shares rising 1.5% over the past year, contrasting with a 16% decline in the industry [8]

Core Insights - Telefonica, S.A. has launched a pilot service with 112 Extremadura to enhance emergency response through advanced technologies, including 5G+ Network Slicing and a cloud-based Push-To-Talk solution [1][3] - The integration of rugged 5G+ terminals for rescue teams ensures reliable communication in extreme conditions, enhancing operational efficiency [2][9] - Telefonica's investment in network transformation aims to improve connectivity across Spain, with plans to phase out retail copper services by 2024 and expand fiber coverage to 5 million [4][10] Technology and Innovation - The 5G+ Network Slicing technology guarantees uninterrupted connectivity for emergency services, even during high demand, and supports features like video sharing and real-time location tracking [3][9] - The service allows emergency units to share audio, video, and location data seamlessly, improving coordination and management during operations [9] Market Position and Performance - Telefonica holds a Zacks Rank 2 (Buy), with its shares gaining 3% over the past year, contrasting with a 15.2% decline in the industry [5] - The company's 5G network currently covers almost 89% of the population in Spain, with plans to expand 5G SA coverage in core markets by 2025 [10] Strategic Partnerships - Movistar Colombia, a subsidiary of Telefonica, has partnered with Tigo to enhance mobile connectivity for over 35 million users, launching a unified mobile access network [11]

Core Insights - Telefonica, S.A. (TEF) has partnered with the Greater Miami Chamber of Commerce to enhance its cybersecurity framework, allowing the Chamber to focus on business growth while benefiting from TEF's cybersecurity services [1] Cybersecurity Services Overview - The partnership emphasizes three key areas: Managed Detection and Response (MDR), Digital Forensics and Incident Response (DFIR), and Digital Risk Protection (DRP) [2] - TEF's MDR provides continuous monitoring and proactive threat detection through a global network of 11 Security Operations Centers, ensuring 24/7 protection [3] - DFIR focuses on detailed investigations of cyber incidents to develop strategies that minimize risks and strengthen defenses [4] - DRP monitors various web layers to protect the Chamber's reputation from threats like data breaches and online fraud, ensuring proactive risk management [5] Company Expertise and Performance - Telefonica is recognized as a global leader in cybersecurity, with over 6,800 professionals and more than 5,000 certifications in third-party technologies, including 1,500 in cybersecurity operations [6] - The company processes approximately 350,000 security event tickets and 500,000 alerts annually, showcasing its extensive experience in handling complex security challenges [6] - Telefonica has invested significantly in network transformation to enhance connectivity in Europe and Latin America [7] - In the last reported quarter, TEF's revenues decreased by 2.9% year-over-year to €10,023 million ($11,061 million) due to unfavorable currency fluctuations [8] - TEF currently holds a Zacks Rank 2 (Buy), with shares increasing by 6.1% over the past year, contrasting with a 7.8% decline in the industry [9]

Core Insights - Telefonica, S.A. reported a significant decline in net income for Q3 2024, dropping 98.1% year over year to €10 million, although basic EPS increased slightly to €0.1 from €0.09, surpassing estimates by 50% [1][2] Financial Performance - Quarterly revenues decreased by 2.9% year over year to €10,023 million ($11,061 million), but still beat the Zacks Consensus Estimate by 0.1%. Currency fluctuations negatively impacted revenues by €429 million [2] - Adjusted EBITDA for the quarter was €2,946 million, down 11.5% year over year, with operating income falling 30.1% to €740 million [9] Business Unit Performance - **Telefonica Espana**: Revenues increased by 1% year over year to €3,182 million, with adjusted EBITDA growing 1% to €1,155 million, supported by high customer satisfaction and low churn rates [3] - **Telefonica Deutschland**: Revenues declined by 1.6% to €2,131 million, with a 33.1% adjusted EBITDA margin. CapEx rose by 6.3% to €332 million [4] - **VirginMedia-O2 U.K.**: Revenues fell by 0.7% to €3,197 million, with an adjusted EBITDA margin of 36.6% and CapEx increasing by 0.6% to €665 million [4] - **Telefonica Brasil**: Revenues decreased by 6.4% to €2,308 million, with adjusted EBITDA declining by 5.9% to €1,030 million, significantly impacted by currency depreciation [5] - **Telefonica Infra (Telxius)**: Connected 24 million premises with fibre, with a 12% increase in traffic and a profitability ratio of 48.9% [6] - **Telefonica Tech**: Reported a revenue growth of 9.5% year over year to €1,453 million, with quarterly revenues increasing by 6.3% to €470 million, driven by significant private-sector contracts [7] - **Telefonica Hispam**: Revenues decreased by 6.2% to €2,100 million, with an adjusted EBITDA margin of 17.9% [8] Cash Flow and Liquidity - For the nine months ended September 30, 2024, net cash from operating activities was €7,120 million, down from €8,238 million in the previous year, with free cash flow totaling €1,030 million [10] - As of September 30, 2024, the company had €6,325 million in cash and cash equivalents, alongside €32,180 million in non-current financial liabilities [11] 2024 Outlook - The company expects revenue growth of approximately 1% and EBITDA growth of 1% to 2%. The CapEx-to-sales ratio is projected to be up to 13%, with free cash flow growth anticipated to exceed 10% [12]

Telefónica, S.A. (NYSE: TEF ) recently reported Q3 earnings . So, I wanted to go over the main points in the report and give some comments on where the company can potentially go in the future. A lot of the company's revenuesMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to ...

Millicom (Tigo) subsidiary Telefónica Celular del Paraguay S.A.E. announces its intent to partially redeem Senior Notes due 2027 Luxembourg, September 13, 2024 – Millicom's subsidiary Telefónica Celular del Paraguay S.A.E ("Telecel Paraguay") today announces its intent to redeem $150,000,000 aggregate principal amount of its 5.875% Senior Unsecured Notes due 2027 (the "Notes") on September 23, 2024 (the "Redemption Date"). A notice of redemption will be sent to the holders of the Notes in accordance with th ...

Telefónica, S.A. (TEF) stock has risen 12% in the past six months, outperforming the sub-industry and S&P 500's growth of 2.7% and 10.7%, respectively. TEF's stock has outperformed some of its peers in the industry in the past six months. While TELUS Corporation (TU) and BCE Inc (BCE) shares have dropped 7.4% and 5.1%, respectively, shares of Deutsche Telekom AG (DTEGY) have moved up 19.2%. Image Source: Zacks Investment Research Improving financial performance is behind the stock price surge. Telefonica re ...

idal/iStock via Getty Images Dear readers/followers To say that Telefonica (NYSE:TEF) is my "best" or most qualitative telecommunications investment would be a bit of an overstatement and exaggeration. I would say that Telefonica has been a decent investment, with a good yield, and good further potential for outperformance. It's important to understand here that different investments I make have different goals and overall targets for how they are positioned in my portfolio. Telecommunications are investmen ...

Operator Please standby, your conference will resume shortly. [Technical Difficulty] Jose Maria These, coupled with our focus on execution and combined with further wholesale and consolidation opportunities will allow us to keep building on our momentum and demonstrating the continued success of our strategy. Thank you very much for listening. We're now ready to take your questions. Question-and-Answer Session Operator [Operator Instructions] Our first question comes from the line of Andrew Lee from Goldman ...

Telefónica, S.A. (TEF) is enhancing its commitment to sustainability through its Circular Economy Plan, leveraging 'VICKY,' a blockchain-based platform. Since the launch of the platform five years ago, Telefónica has successfully repurposed more than 19 million routers and set-top boxes across all its operations. VICKY, Telefónica's innovative supply chain management system for external equipment such as routers and set-top-boxes, significantly enhances plant and warehouse visibility. It not only reduces le ...