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Morningstar•October 29, 2020
Morningstar•October 29, 2020Telefónica, S.A.: Telefonica’s Third-Quarter Results Weighed Down by Impairment of Argentine Assets, FVE maintained
Summary
Telefonica is the incumbent telephone operator in Spain, which accounts for about 26% of the group’s sales. Besides Spain; Brazil, Germany and U.K. are key markets. Management intends to spin off its Latin American operations, except Brazil. The firm has launched two new business units: Telefonica Tech and Telefonica Infrastructure. Telefonica Tech, a B2B segment offers cybersecurity, the Internet of Things, big data, and cloud ser
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Analyst Profile
Andreea Matysiak
Equity AnalystAndreea Matysiak is an equity analyst for Morningstar Holland BV, a wholly owned subsidiary of Morningstar, Inc. She covers European aerospace and defense companies.Before joining Morningstar in 2016, Matysiak worked for NN Investment Partners as an investment reporting specialist and for Philips International as a group financial analyst.Matysiak holds a master’s degree in business economics and a master’s degree in accountancy and control from the University of Amsterdam. She has passed Level II in the Chartered Financial Analyst® program.