UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2022 Commission File Number: 001-09531 Telefónica, S.A. (Translation of registrant's name into English) Distrito Telefónica, Ronda de la Comunicación s/n, 28050 Madrid, Spain 3491-482 87 00 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file an ...

Telefónica, S.A. (NYSE:TEF) Q4 2021 Earnings Conference Call February 24, 2022 4:00 AM ET Company Participants Adrian Zunzunegui – Global Director-Investor Relations Jose Maria Alvarez-Pallete – Chairman and Chief Executive Officer Angel Vila – Chief Operating Officer Laura Abasolo – Chief Financial and Control Officer, and Head-T. Hispam Conference Call Participants Georgios Ierodiaconou – Citi David Wright – Bank of America Luigi Minerva – HSBC Pilar Vico – Credit Suisse Fernando Cordero – Banco Santande ...

Telefónica, S.A. (NYSE:TEF) Q3 2021 Earnings Conference Call November 4, 2021 5:00 AM ET Company Participants Adrián Zunzunegui - Investor Relations Angel Vila - Chief Operating Officer Laura Abasolo - Chief Financial and Control Officer Eduardo Navarro - Chief Commercial Digital Officer Lutz Schuler - CEO, Virgin Media Conference Call Participants David Wright - Bank of America Fernando Cordero - Banco Santander Carl Murdock-Smith - Berenberg Nawar Cristini - Morgan Stanley Jakob Bluestone - Credit Suisse ...

Telefónica, S.A. (NYSE:TEF) Q2 2021 Earnings Conference Call July 29, 2021 4:00 AM ET Company Participants Adrian Cincinnati - Global Director of Investor Relations Angel Vila - Chief Operating Officer Laura Abasolo - Chief Financial and Control Officer Jose Maria Alvarez-Pallete - Chairman and Chief Executive Officer Eduardo Navarro - Chief Commercial Digital Officer Lutz Schuler - CEO, Virgin Media Conference Call Participants David Wright - Bank of America Keval Khiroya - Deutsche Bank Jakob Bluestone - ...

| --- | --- | --- | --- | |------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | RESULTS | | | | | January - June | | | | | | | | | | 2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Disclaimer This document and any related conference call or webcast (including any related Q&A session) may contain forward-looking statements and information (hereinafter, the "Statements") relating to the Telefó ...

Telefonica SA (NYSE:TEF) Q1 2021 Earnings Conference Call May 13, 2021 3:30 AM ET Company Participants Adrian Cincinnati – Global Director of Investor Relations Angel Vila – Chief Operating Officer Laura Abasolo – Chief Financial and Control Officer Conference Call Participants Mathieu Robilliard – Barclays David Wright – Bank of America Keval Khiroya – Deutsche Bank Mandeep Singh – Redburn Michael Bishop – Goldman Sachs Jakob Bluestone – Credit Suisse Luigi Minerva – HSBC Adrian Cincinnati Good morning and ...

| --- | --- | --- | --- | --- | --- | --- | --- | |---------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | RESULTS | | | | | | | | | | | | | | | | | | | | | | | | | | | January - March | | | | | | | | | | | | | | | | | | | | | | | | | | | 2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...

Summary of Telefonica SA Full Year 2020 Earnings Conference Call Company Overview - **Company**: Telefonica SA (NYSE:TEF) - **Date of Call**: February 25, 2021 - **Focus**: Discussion of financial results for the year 2020 Key Points Industry and Market Position - Telefonica operates in four core markets: Spain, Germany, UK, and Brazil, with significant improvements in fiber infrastructure, reaching over 25 million premises passed in Spain and 15 million in Brazil [5][6] - The company is progressing with the O2 and Virgin Media merger in the UK and has won a joint bid for Oi mobile in Brazil, enhancing market position [6] Financial Performance - **Revenue**: Reported revenue declined by 11% year-on-year, primarily due to unfavorable foreign exchange impacts [10] - **OIBDA**: Declined by 12.7% year-on-year on a reported basis, or 5.7% organically [11] - **Earnings Per Share**: Increased to €0.24, a growth of 54.3% year-on-year [9] - **Free Cash Flow**: Improved significantly, reaching €4.8 billion for the year, with a free cash flow per share of €0.88 [36] Operational Highlights - **Digitalization**: 79% of processes are digitalized, with digital sales growing by 12% year-on-year, now accounting for 31% of total sales [8][9] - **Cost Efficiency**: Organic OpEx decreased by 2.2% year-on-year in Q4 2020, contributing to improved margins [9] - **Debt Reduction**: Net financial debt reduced by €2.5 billion to €35.2 billion, with expectations of further reduction by €9 billion from announced transactions [10][36] Strategic Initiatives - **Fiber Expansion**: The company is focusing on fiber-to-the-home networks, with a target of reaching over 5.5 million premises passed in Brazil through a new neutral wholesale network [30][25] - **ESG Commitment**: Telefonica aims for net zero emissions by 2025 in its main markets, with significant reductions in energy consumption and increased use of renewable energy [16][22] Market Trends and Future Outlook - **Spain**: The company is implementing a "More for More" strategy to stabilize pricing competition, leading to improved churn rates and ARPU [18][61] - **Germany**: Strong performance with O2 Free portfolio and low churn rates, supported by network quality improvements [20][21] - **UK**: Despite COVID-19 impacts, the company maintained a strong customer base and improved OIBDA margins [22][23] - **Brazil**: Continued leadership in mobile with a market share of 33.6%, and significant fiber expansion efforts [24][25] Guidance and Expectations - **2021 Outlook**: Anticipated recovery and normalization in revenue trends, with a dividend of €0.3 per share announced for 2021 [39][69] - **Strategic Focus**: Continued emphasis on cash flow generation, operational efficiency, and strategic investments in growth areas [56][69] Additional Insights - **ESG Performance**: The company has made significant contributions to GDP and job creation, with a strong reputation during the pandemic [16][17] - **Market Adaptation**: Telefonica is adapting to competitive pressures by reducing promotional activities and focusing on high-value subscribers [58][60] This summary encapsulates the key points discussed during the Telefonica SA earnings conference call, highlighting the company's financial performance, strategic initiatives, and market outlook for 2021.

Table of Contents As filed with the Securities and Exchange Commission on February 25, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 20-F (Mark One) OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...

Telefonica SA (NYSE:TEF) Q3 2020 Earnings Conference Call October 29, 2020 6:30 AM ET Company Participants Pablo Eguiron - Head, IR Ãngel Vilá - COO & Executive Director Laura Abasolo - Chief Financial & Control Officer Conference Call Participants Georgios Ierodiaconou - Citigroup Jakob Bluestone - Crédit Suisse Joshua Mills - Exane BNP Paribas Keval Khiroya - Deutsche Bank Mathieu Robilliard - Barclays Bank Akhil Dattani - JPMorgan Chase & Co. Mandeep Singh - Redburn Giovanni Montalti - UBS Investment Ban ...