US EditionTelefónica to Exit Three More LatAm Markets - LatinFinance
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38 Articles
Telefónica’s president and general manager, Marc Murtra, confirmed Telefónica’s departure from Mexico. “Telefónica has limitations on its financial flexibility and our leverage affects short-term decisions and does not allow us to take acceptable risks. We have accelerated in recent months at the exit of Latin America (except Brazil), but we have to speed it up further. “We have to focus on the long term, costs, leases, labor, these costs are gr…
Movistar (Telefónica), a Spanish company, will leave the markets of Mexico, Venezuela and Chile as part of its strategy to reduce its regional exposure, confirmed the president of the company, Marc Murtra, on Tuesday, November 4. To date, the subsidiaries in Argentina, Peru, Uruguay, Ecuador and Colombia have already been sold, although Murtra did not specify the exact deadlines to complete the exit strategy of Mexico, Venezuela and Chile. “We a…
The president of Telefónica, Marc Murtra, confirmed this Tuesday that the company will also leave...
The company records a net loss of 1,080 million euros until September, after divestments in the region
The president of the multinational defends himself: “Telefónica has had aversion to making difficult decisions”
Telefónica announced Tuesday its departure from Mexico, Chile and Venezuela in its new strategic plan 2026-2029.
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