AllAnalyst Report
logoMorningstarMarch 01, 2021

Telefónica, S.A.: Telefonica Keeps Reducing Exposure to LATAM; Dividend Reduced to EUR 0.30 Per Share; Maintaining FVE

Symbols
TEF
Sector(s)
Communication Services
Rating
Current Price
$4.58
Fair Value
Economic Moat
Stewardship
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 services. Telefonica Infrastructure manages the firm’s infrastructure assets (towers, antenna systems, data centers, and greenfield fiber projects).

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free