Telefonica

Telefónica has launched a 2026–2030 plan to accelerate growth, simplify operations, and unlock up to €3 billion in savings while doubling down on its core markets and technology investments. Revenue is guided to a 1.5%–2.5% CAGR from 2025–2028, accelerating to 2.5%–3.5% in 2028–2030; adjusted EBITDA is guided to the same ranges across the two periods. Telefónica targets a gross impact of up to €2.3 billion in 2028 and €3 billion by 2030, driven by technology and operational excellence, process simplification, digital transformation, and monetization of legacy network assets as shutdowns progress.
2025 has seen major telecom and tech M&A activity, including billion-dollar deals in fiber, AI, cloud, and cybersecurity. This monthly tracker details key acquisitions, like AT&T buying Lumen’s fiber assets and Google’s $32B move for Wiz, highlighting how consolidation is shaping the competitive landscape.
Telefónica reports €77 billion invested over ten years to expand sustainable, resilient connectivity, with SDG 9 (industry, innovation and infrastructure) as the strategic anchor. The operator now serves nearly 350 million accesses, has passed 81.4 million premises with FTTH, and runs one of the largest ultra-broadband footprints globally, second in scale only to China. Spain is Telefónica’s showcase for fiber-led modernization. Dense FTTH has enabled a managed copper switch-off, which simplifies operations, cuts energy use, and improves service quality. The operator targets net zero by 2040 – ten years ahead of many international timelines—and reports a 52% reduction in CO2 emissions across the value chain from 2015 to 2024.
Telefonica is weighing a bid for Vodafone Spain from Zegona, setting up a pivotal consolidation moment in a four-player Spanish market under tight EU scrutiny. State-aligned and strategic investors appear open to a scaled Spain-centric strategy that leans into Europe while pruning Latin American exposure. Spain’s market has shifted after the combination of Orange Spain and MasMvil (MasOrange), creating a heavyweight rival to Telefonica. A successful deal would reshape Spains operator landscape and signal how far EU policymakers will allow scale plays to go in mature markets. The European Commission has shown willingness to approve in-country consolidation with tough conditions.
Telefónica Tech has partnered with Perplexity to launch Perplexity Enterprise Pro, a secure AI-powered search tool for businesses in Spain. Designed for enterprise use, the platform enables advanced, real-time knowledge discovery, integrates SSO and SOC2 protections, and respects data privacy. Telefónica offers pilots and full professional services to support implementation—targeting productivity boosts in sectors like healthcare, finance, and law.
Web3 is redefining the telecom industry by introducing decentralized infrastructure, blockchain-based billing, smart contracts, NFTs, and digital identity. This article explores how telcos can evolve from connectivity providers to key players in Web3 ecosystems—offering programmable services, token economies, and secure, user-centric digital experiences.
Network APIs are redefining the telecom sector, enabling real-time services, secure mobile payments, IoT support, and cross-industry innovation. With projected market growth to $30B by 2030, telecom leaders are focusing on standardization, ecosystem collaboration, and developer engagement to unlock the full value of APIs in the 5G era.
AI Pulse: Telecom’s Next Frontier is a definitive guide to how AI is reshaping the telecom landscape — strategically, structurally, and commercially. Spanning over 130 pages, this MWC 2025 special edition explores AI’s growing maturity in telecom, offering a comprehensive look at the technologies and trends driving transformation.

Explore strategic AI pillars—from AI Ops and Edge AI to LLMs, AI-as-a-Service, and governance—and learn how telcos are building AI-native architectures and monetization models. Discover insights from 30+ global CxOs, unpacking shifts in leadership thinking around purpose, innovation, and competitive advantage.

The edition also examines connected industries at the intersection of Private 5G, AI, and Satellite—fueling transformation in smart manufacturing, mobility, fintech, ports, sports, and more. From fan engagement to digital finance, from smart cities to the industrial metaverse, this is the roadmap to telecom’s next era—where intelligence is the new infrastructure, and telcos become the enablers of everything connected.
In AI in Telecom: Strategic Themes, Maturity, and the Road Ahead, we explore how AI has shifted from buzzword to backbone for global telecom leaders. From AI-native networks and edge inferencing, to domain-specific LLMs and behavioral cybersecurity, this article maps out the strategic pillars, real-world use cases, and monetization models driving the AI-powered telecom era. Featuring CxO insights from Telefónica, KDDI, MTN, Telstra, and Orange, it captures the voice of a sector transforming infrastructure into intelligence.
In The Gateway to a New Future, top global telecom leaders—Marc Murtra (Telefónica), Vicki Brady (Telstra), Sunil Bharti Mittal (Airtel), Biao He (China Mobile), and Benedicte Schilbred Fasmer (Telenor)—share bold visions for reshaping the industry. From digital sovereignty and regulatory reform in Europe, to AI-powered smart cities in China and fintech platforms in Africa, these executives reveal how telecom is evolving into a driving force of global innovation, inclusion, and collaboration. The telco of tomorrow is not just a network—it’s a platform for economic and societal transformation.
Dive into our in-depth coverage of MWC 2025, highlighting the latest innovations in 5G, AI, IoT, and more. Discover how industry leaders are shaping the future of technology with groundbreaking announcements and developments unveiled during the event.
As Europe accelerates its digital transformation, industry leaders from Vodafone, Orange, Deutsche Telekom, and Telefónica will explore strategies to enhance 5G and fiber networks, AI-driven innovation, and regulatory coherence. With growing global competition, Europe must balance connectivity expansion, fair competition, and sustainability to remain a leader in the digital economy. Join MWC 2025 to discover how Europe’s telecom vision is shaping the future.

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