Reach top Journalists who write about Telefónica
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Telefónica
paydesk has 29 reporters who cover Telefónica. Our journalists are already on location, all over the world, and ready to work at a moment's notice. Our top correspondents who cover Telefónica are María Sol Borja and Osniel Carmona Breijo. Use our journalist directory to find an Telefónica member to work for you.
Journalists Who Cover Telefónica
María Sol Borja
Journalist from Ecuador. Topics: Politics, Breaking News. Speak English, French and Spanish. I´d rather like to work in Spanish or French. I´ve covered news in Ecuador, Argentina, Venezuela and Spain.
French
Spanish
Video Package (Web / Broadcast)
Feature Stories
Content Writing
+8
Fact Checking
Related Articles

Luis Córdova: “Without the law approved by the Assembly, there would be no decree on carrying weapons”
06 Apr 2023
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gk.city
|
Spanish
| Government Control
Luis Córdova discusses the implications of a new law that reforms nine security-related laws in Ecuador, warning of increased state control and surveillance. The law, which was approved by the National Assembly, has been criticized for enabling excessive government power and potential misuse of data by foreign entities like the United States. The text highlights concerns about the role of the military and police in strategic sectors, the potential for paramilitary activities, and the erosion of civil liberties. The influence of foreign governments, particularly the United States and Israel, is also scrutinized, with specific mention of surveillance technologies like Pegasus. The article underscores the need for transparency and judicial oversight to prevent abuses of power.
Interpretive


Factuality Scale
Left


Political View
Osniel Carmona Breijo
Osniel Carmona Breijo is a journalist based in Havana, Cuba.
Spanish
Video Package (Web / Broadcast)
News Gathering
Feature Stories
+8
Politics
Natural Disasters
Film & Theatre
+15
Related Articles

Watching the Champions League in Cuba: The Struggles of Fans in a Country Without a Signal
03 Apr 2022
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Cubanet
|
Spanish
| Broadcast Rights
Cuban soccer fans are increasingly critical of the Cuban Institute of Radio and Television (ICRT) for not broadcasting the Champions League for two seasons. Discussions on social media and improvised neighborhood fields question why Tele Rebelde, the sports channel in Cuba, broadcasts over 12 hours of deferred, recycled, or low-audience content instead of the Champions League. The ICRT previously used signals from platforms like Sky or Direct TV without paying, which led to problems. The UEFA sells Champions League broadcast rights directly to broadcasters in different regions. In Spain, Telefónica Audiovisual Digital (TAD) holds the rights until 2024, while in Latin America, various operators handle the broadcasts. Cubans resort to watching games in hotels or bars that receive the signal, at houses with clandestine antennas, or online platforms that stream matches with a slight delay.
Grace Dobush
I’m Grace Dobush, a freelance journalist based in Germany and operating worldwide. I’m a polymath with a wide range of interests, and my editorial experience includes everything from politics and history to graphic design and craft business. I love working on stories that give historical context to ...
English
German
Feature Stories
Content Writing
Corporate Content
+4
Business
Politics
Current Affairs
+5
Related Articles
Germany's 5G Spectrum Auctions Begin, Powered by Fax Machines
19 Mar 2019
|
fortune.com
|
English
| Business
Germany's 5G spectrum auctions have commenced, with four major telecom firms—Deutsche Telekom, Telefónica, Vodafone, and Drillisch 1&1—bidding via fax machines from a secure location. Despite Germany's technological prowess, faxes are preferred for their perceived security and legal validity. The auctions, expected to last at least three weeks, could generate up to €5 billion for the federal government. Drillisch 1&1, a subsidiary of United Internet, emerged as a strong contender with high initial bids, aiming to become Germany's fourth mobile network.
Informative


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James Durston
James Durston is an award-winning journalist and editor of more than 20 years. Previous roles include Senior Producer for CNN Travel, launch editor for various platforms including LE PAN (high end luxury living magazine and website) and Cathay Pacific's Discovery site, and most recently was ...
English
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
News Gathering
+8
Business
Current Affairs
Technology
+9
Jobs Completed 2
Related Articles

Capacity Europe 2024 kicks off in London
15 Oct 2024
|
btw.media
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English
| Digital Infrastructure
Capacity Europe 2024, the largest digital infrastructure and connectivity event in Europe, commences in London, attracting over 3,500 professionals from 90+ countries. The event, running from October 15 to 17, features discussions on telecommunications advancements, 5G networks, and sustainable connectivity. Key industry players like Deutsche Telekom, Verizon, and Telefónica participate, with over 150 speakers addressing topics such as cloud services expansion, subsea cable innovations, and AI's impact on network management. The event emphasizes networking, fostering collaboration among connectivity providers and stakeholders.
Informative


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Al Emid
Al Emid is a journalist based in Toronto, Canada. He has extensive experience both in being a correspondent and co-ordinatingl large numbers of correspondents around the world. His byline currently appears in the Untied States, Canada and several Middle Eastern countries. As well as being located ...
English
Interview (Video / Broadcast)
News Gathering
Feature Stories
+5
Business
Finance
Film & Theatre
+3
Jobs Completed 1
Usually Responds Within a day
Related Articles
Argentina: Betting On Tech
07 Apr 2021
|
Global Finance Magazine
|
English
| Investment
Argentina presents diverse investment opportunities in energy, natural resources, high-end services, and tourism, attracting foreign multinationals from the US and EU. However, economic growth is hindered by longstanding political issues and the Covid-19 crisis. The country's GDP saw a significant decline in 2020, but there are hopes for recovery through tourism and private investment. Despite challenges, Argentina's tech sector is thriving, with several unicorns and strong exports in software and IT services. Recent tax incentives aim to bolster this sector further, leveraging the country's skilled workforce.
Balanced


Factuality Scale
Jorge Garcia
Jorge Garcia is a journalist based in Miami, United States of America. Work in radio and TV Miami. Univision Radio,Telefutura, WDLP-TV, Gen-TV, TVC/TV, CV Network, Metro Traffic and News
Spanish
Audio package (Radio / Podcast)
Documentaries
Breaking News
Jobs Completed 9
Job Success Rate 100%
Related Articles
Michelle Bachelet: “The coronavirus is a great opportunity to transform current models”
18 Nov 2020
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El País México
|
Spanish
| Social Inequality
The COVID-19 pandemic has exposed the fragility of global power structures and highlighted issues such as populism and polarization. Analysts like Moises Naím argue that the pandemic has made power more transient and difficult to wield. Michelle Bachelet, UN High Commissioner for Human Rights, sees the pandemic as an opportunity to transform current models, advocating for a global agreement on universal social protection. The economic impact has been severe, with significant GDP declines, but recovery is tied to resolving health issues. The European Union's coordinated response is seen as crucial for stabilization. Social inequality, particularly affecting women, has worsened, necessitating inclusive and gender-sensitive recovery strategies.
Interpretive


Factuality Scale
Center-Left


Political View
Ter García
I am a journalist based in Madrid. I have worked for seven years in the Diagonal and El Salto Diario newspapers, of which I am one of the founders. I am specialized in information on human rights violations and company monitoring.
English
Spanish
Journalism
Investigative Reporting
Social
Jobs Completed 3
Usually Responds Within a few hours
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National Police, Generalitat de Catalunya and Madrid City Council, the administrations that have spent the most on taser guns since 2015
10 May 2023
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civio.es
|
Spanish
| Law Enforcement Equipment
Since 2015, the National Police of Spain, Generalitat de Catalunya, and Madrid City Council have been the top spenders on taser guns, accounting for 81.19% of the public investment in these weapons. The National Police's largest contract was for 1.73 million euros with Nidec in 2020. Despite the investment, the use of tasers is not widespread, with only 150 in use due to the requirement of compatible cameras. The use of taser guns is controversial, with organizations like Jupol advocating for their safety benefits, while others like Iridia and Amnesty International warn against their potential lethality and misuse. Municipalities have also been purchasing tasers, with varying levels of control over their use. Training for taser use is provided by companies like Nidec, Saborit, and Telefónica, with costs varying across different contracts.
Balanced


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Alicia Gonzalez
alicia gonzalez is a journalist based in Madrid, España.
Spanish
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
Feature Stories
+6
Politics
Arts & Books
Film & Theatre
+2
Related Articles

US threatens Spain and the EU with not sharing security data if they do not exclude Huawei from 5G
20 Feb 2020
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El País México
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Spanish
| Security
The US has intensified its campaign against Huawei, threatening to stop sharing security data with Spain and the EU if they do not exclude the Chinese tech giant from their 5G networks. Robert Strayer, the Deputy Assistant Secretary of State, has been touring European capitals to reinforce this message, emphasizing the risks of using 'unreliable' technology. Strayer highlighted that the US uses Ericsson, Nokia, and Samsung for its 5G deployment and praised Telefónica for reducing its engagement with Huawei. The EU has stated that each country will make its own decision regarding Huawei, which has not been well-received by Washington. Strayer's visit coincides with recent Spanish government actions, including a new tax on large tech companies and potential new tariffs from the Trump administration. Strayer urged adherence to the EU's regulatory framework, which restricts high-risk providers like Huawei and ZTE, citing concerns over the Chinese Communist Party's influence.
Interpretive


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Center-Right


Political View
Ana Gonzalez
Ana Gonzalez is a filmmaker/journalist with experience in more than 20 countries. She has collaborated with media outlets such as the BBC, Atlas Obscura, NatGeo, TIME, Al Jazeera, Mediaset and others. In 2021, her documentary “Flamenco Queer” was released by The New Yorker with support from the ...
English
French
Spanish
Video Package (Web / Broadcast)
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
+16
Politics
Current Affairs
Arts & Books
+9
Jobs Completed 1
Related Articles
The ARQVA will exhibit 'The Embarkation of Saint Paula Roman', by Claude Lorrain, from the Prado Museum
29 Mar 2024
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cadenaser.com
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Spanish
| Cultural Heritage
The Museo Nacional de Arqueología Subacuática ARQVA will exhibit 'The Embarkation of Saint Paula Roman' by Claude Lorrain from April 2 to 28 as part of a project to bring masterpieces from the Prado Museum to citizens across Spain. The initiative, 'El arte que conecta,' is a collaboration between the Prado Museum and Telefónica, celebrating the company's centenary and fostering cultural connection. This project will see works by Velázquez, Goya, Rubens, and Murillo travel to 18 Spanish localities, enhancing local cultural activity. The initiative builds on the Prado's Bicentennial celebration in 2019 and includes temporary exhibitions and 'El Prado en las calles,' which brings photographic replicas of the museum's collections to public spaces.
Factual


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Amy Guttman
Top Rated
I report regularly for PBS Newshour, BBC From Our Own Correspondent, Forbes Entrepreneurs, Australia Financial Review and many others. I am career journalist with 20 years of experience at CBS News, AP, The Frost Interview on Al Jazeera, and Monocle Radio, as producer (live, packages and field ...
English
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
Vox Pop
+12
Business
Current Affairs
Technology
+1
Jobs Completed 76
Job Success Rate 95%
Usually Responds Within a few days
Related Articles

When Should Startups Splurge On Big Tech Events Like MWC And 4YFN?
06 Mar 2023
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Forbes
|
English
| Networking
The article discusses the participation and strategies of various startups and entrepreneurs at the Mobile World Congress (MWC) and its sister event, 4 Years From Now (4YFN), in Barcelona. Ana Segurado Escudero, Director of Open Future at Telefonica, advises mature startups with market-ready products to attend for investment and partnership opportunities. Eun Min Park, founder of Amadas, shares her experience exhibiting a smart door lock with support from Korea Telecomms, emphasizing the importance of preparation and targeting the right partners. Chris Michael, co-founder of Swytch, details his approach to networking at MWC without exhibiting, focusing on meeting key industry players and managing costs effectively. The article provides insights into when and how startups can benefit from attending or exhibiting at such events.
Guy Hedgecoe
Guy Hedgecoe is a journalist based in Madrid, Spain. He covers all news issues, including politics, economics and sport. He is author of 'Freezing Franco: The Battle for Spain's Memory'.
English
Portuguese
Spanish
Video Package (Web / Broadcast)
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
+9
Business
Finance
Politics
+5
Jobs Completed 5
Usually Responds Within an hour
Related Articles
Summary of Confidentials No. 4349
30 Oct 2023
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www.capitalmadrid.com
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Spanish
| Telecommunications
The article highlights two main topics: the upcoming ceremony for Princess Leonor and the public's positive perception of her, and the Spanish government's preparation for SEPI's investment in Telefónica to balance Saudi Arabia's entry. It also touches on Pedro Sánchez's confession regarding amnesty and various reactions to it. Public opinion polls show strong support for Princess Leonor as a future queen and a high rating for her among the Spanish royal family.
Balanced


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Center-Left


Political View
Ulises Izquierdo
I am a journalist based in Spain. I worked for Australian Associated Press during the summer bushfires of 2019/2020 and the COVID-19 pandemic. I have also worked for TV, radio, and newspapers both locally at Barcelona-based media companies like 'Cadena SER Barcelona', 'El Periódico de Catalunya' ...
Catalan
English
Spanish
Video Package (Web / Broadcast)
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
+13
Business
Finance
Politics
+18
Jobs Completed 17
Job Success Rate 89%
Usually Responds Within a day
Related Articles

Telefónica's Debt Feels the Pressure of Currency Risk and Volatility
01 Oct 2023
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Finanzas.com
|
Spanish
| Telecommunications
Telefónica, after a successful 2022, faces significant challenges in 2023 due to macroeconomic factors such as currency risk and volatility. Despite potential benefits from consolidation in Spain and Brazil, the company is under pressure to maintain its credit ratings, with concerns about being downgraded to 'junk' status. Expert analysis from Bloomberg Intelligence highlights the precarious nature of Telefónica's debt situation, noting that high-interest rates and economic uncertainty could further impact the company's financial stability. Telefónica's bonds remain attractive to investors due to high coupon rates, but the company must navigate these challenges to maintain its investment-grade rating.
Balanced


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Joel Johnson
Joel Johnson is a Qatar-based Indian journalist covering Business, Economy and Finance at The Peninsula. Johnson pursued his bachelors and master's specialising in Global Journalism and Current Affairs.
English
Interview (Video / Broadcast)
Documentaries
News Gathering
+7
Business
Finance
Politics
+10
Related Articles

UNWTO's Role in Fostering Sustainable Tourism and Innovation in LDCs
05 Mar 2023
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The Peninsula Newspaper
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English
| Entrepreneurship
Natalia Bayona, the Director of Innovation, Education, and Investments at the UNWTO, discussed the organization's role in promoting sustainable and accessible tourism in an interview with The Peninsula. The UNWTO is participating in the fifth UN LDC conference in Doha, focusing on tourism innovation and digitalisation. Bayona highlighted the economic potential of tourism in LDCs and UNWTO's efforts in fostering innovation through startup competitions and partnerships with tech companies like Mastercard and Cisco. The UNWTO's Digital Futures program aims to assist small and medium-sized companies in the tourism sector with digital transformation. Bayona also emphasized the importance of Public-Private Partnerships and leveraging digital technologies for open innovation in LDCs. The UNWTO is also involved in investment forums and networking with venture capital firms to support economic growth in these countries.
Lucas Laursen
I cover global development by way of science and technology. I write for Scientific American, Rethink, and many other magazines and have produced radio packages for BBC Radio 4, Deutsche Welle and NPR's Here and Now. I have lived in and reported from the US, UK, Switzerland, and Mexico. I now ...
English
Spanish
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
Vox Pop
+9
Business
Politics
Current Affairs
+7
Related Articles
Europe Is Trying to Develop Standards for Hyperloops Before Everyone Builds Incompatible Tunnels
27 Feb 2019
|
IEEE Spectrum
|
English
| Technology Standards
Europe is working to establish standards for hyperloop technology to avoid the pitfalls of incompatible systems, as seen in the historical development of rail networks. Key players include startups like Zeleros, legacy companies such as Renfe and Telefónica, and industrial giants like Tata Steel. The regulatory environment in Europe poses challenges, but efforts are underway to create a unified framework. The article highlights the tension between innovation and standardization, with various stakeholders aiming to balance these aspects for the future of hyperloop transportation.
Balanced


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Niranjan Marjani
Niranjan Marjani is a journalist based in Vadodara, India.
English
Gujarati
Hindi
+2
Interview (Video / Broadcast)
Content Writing
Risk Analysis
+5
Politics
Current Affairs
Research
+2
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Stabilizing relations with Spain is a challenge for China
03 Sept 2020
|
The Kootneeti
|
English
| Diplomacy
Chinese diplomat Yang Jiechi's visit to Spain aims to stabilize turbulent relations, impacted by COVID-19 and faulty testing kits. Spain's Eurocentric policy and political instability, along with EU-China relations, shape its approach. China's COVID-19 diplomacy and investments, including in Spanish ports, are crucial. Huawei faces setbacks, with Telefónica reducing 5G equipment purchases. Spain's strategic autonomy and geopolitical importance necessitate cautious engagement with China, balancing economic ties and avoiding debt-diplomacy.
Balanced


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Center-Left


Political View
Luis Mora
Luis Mora is a journalist based in Managua, Nicaragua.
Spanish
Live Reporting
Fact Checking
Breaking News
Fact Checking
Jobs Completed 1
Related Articles

The Ibex falls 0.82% and loses 10,000 points for the first time since the end of November
16 Jan 2024
|
El Periódico de Aragón
|
Spanish
| Financial Markets
The Ibex 35, Spain's main stock market index, fell by 0.82% to 9,994.1 points, dropping below the symbolic 10,000-point mark for the first time since November 27. The decline follows the release of Germany's December inflation rate at 3.7% and improved investor confidence in Germany and the Eurozone. Wall Street also saw declines as investors digested financial reports. In Spain, the Treasury placed €1.997 billion in short-term debt, with high investor demand despite reduced interest rates. The European Central Bank noted a significant drop in inflation expectations among Eurozone citizens. The World Economic Forum in Davos is ongoing, with significant participation from Ibex 35 companies. Only five stocks in the Ibex 35 advanced, while the rest saw declines. European markets mostly corrected, with slight gains in Milan. Brent crude oil prices rose, while the euro fell against the dollar, and Spanish 10-year bond yields increased.
Informative


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Agus Morales
Agus Morales is a journalist based in Barcelona, Spain.
Jobs Completed 1
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From instability in Gabon and Niger to the latest attack in Ukraine
09 Sept 2023
|
www.revista5w.com
|
Spanish
| War in Ukraine
The article covers recent global events, including political instability in Gabon and Niger following military coups, the ongoing migration crisis in the Mediterranean, and the impact of torrential rains in Greece, Turkey, and Bulgaria. It also highlights a deadly missile attack in Ukraine, protests in the Democratic Republic of Congo, and significant legal and political developments in Mexico, the United States, and Myanmar. Additionally, it discusses the acquisition of a significant stake in Telefónica by Saudi Arabia's STC Group and the first African climate summit. The piece provides a comprehensive overview of these events, emphasizing their broader implications and the various stakeholders involved.
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Ronan Murphy
Ronan Murphy is an Irish football journalist, focusing on the Bundesliga, European and international soccer. He is a regular Bundesliga and Champions League pundit on the Sony Sports Network and is Head of Social for the Realtimes Network, running social media for sites such as FootballTransfers, ...
English
Video Package (Web / Broadcast)
Audio package (Radio / Podcast)
Interview (Video / Broadcast)
+1
Sports
Jobs Completed 1
Related Articles

Will Spain’s New European Commissioner Be Telefonica’s Woman?
10 Oct 2024
|
cepa.org
|
English
| Climate Policy
Teresa Ribera, Spain's Ecological Transition Minister, is set to become the European Commission Executive Vice President for 'Clean, Just, and Competitive Transition'. Her role will involve addressing challenges in Europe's telecom sector, potentially softening antitrust rules, and overseeing EU antitrust enforcement. Ribera's nomination has faced opposition from the European People’s Party, but she is recognized for her pragmatic and consensus-building approach. Her past achievements include overseeing Spain's coal industry shutdown and negotiating a nuclear phase-out. Ribera's stance on nuclear energy has evolved, and she is expected to support European telecom consolidation, potentially benefiting Telefonica.
Balanced


Factuality Scale
Center-Left


Political View
Verónica Romano
I am a multimedia journalist, currently based in Porto, Portugal. I'm working as a freelancer for Euronews. Investigative journalism is my passion and ambition. I'm from Portugal, so I'm a native Portuguese speaker. I'm also fluent in English (Cambridge Certificate of Proficiency in English, ...
English
French
Portuguese
+1
Journalism
Investigative Reporting
Jobs Completed 6
Related Articles
The Saudi telecommunications company STC becomes the largest shareholder of Telefónica
06 Sept 2023
|
es.euronews.com
|
Spanish
| Investments
Saudi Telecom Company (STC) has acquired a 9.9% stake in Telefónica for €2.1 billion, becoming its largest shareholder. The acquisition involves 4.9% of Telefónica's share capital and 5% in financial instruments, pending regulatory approval. STC's CEO, Olayan Alwetaid, emphasized the investment as a strategic opportunity without intentions of majority control. Previously, BBVA and BlackRock were the largest shareholders. STC's investment underscores confidence in Telefónica's management and strategy.
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Teresa Suarez
Teresa Suárez (Oviedo, 1993) is a Spanish photographer and journalist based in Paris since 2014. As a documentary photographer, she focuses on exploring issues related to gender, territory or identity — subjects which she has developed in different contries of Europe (Spain, France, Austria, ...
French
Spanish
Corporate Content
Interview (Print / Radio / Podcast)
Photography
+4
Business
Politics
Arts & Books
+8
Related Articles

Draghi Report, what do we do now?
28 Sept 2024
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www.epe.es
|
Spanish
| Innovation
The article discusses the potential insignificance of Europe, particularly Spain, in the global economy and the need for strategic actions to enhance productivity. It highlights the challenges posed by demographic changes and the productivity gap between Europe and the United States, emphasizing the importance of digital innovation. The article references Mario Draghi's report, which suggests creating a fund and unifying markets to foster innovation. It also notes Spain's specific challenges, such as a service-based economy and low birth rates, and the need for increased investment in R&D. Various organizations have proposed solutions, including policies to transform inventors into investors.
Balanced


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Anna Tobin
I’m a creative and versatile multi-platform business, technology, politics and consumer journalist, copywriter, editor and content strategist. I specialise in creating simplified, engaging explanations of complicated technologies, finances, policies and processes for a variety of audiences and ...
English
Feature Stories
Content Writing
Corporate Content
+4
Current Affairs
Fact Checking
Jobs Completed 1
Related Articles

Telefonica's O2 Partners With Wireless Infrastructure Group To Bring 5G To U.K. Malls And Stadiums
10 May 2019
|
Forbes
|
English
| Business Partnership
Telefonica-owned O2 has partnered with Wireless Infrastructure Group to deploy 5G infrastructure in U.K. hotels, shopping malls, sports stadiums, and conference centers. This multi-million-pound investment aims to enhance connectivity in busy public spaces, providing a more reliable service and enabling customers to download more content. Key locations such as Liverpool's Anfield Stadium and London's Lord’s cricket ground have already seen upgrades. The partnership is part of O2's broader strategy, reflected in its positive Q1 financial results, with revenues and OIBDA both showing year-on-year growth.
Factual


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Jorge Valero
Jorge Valero is EU correspondent since 2008. He works for Euractiv and for the Spanish national daily El Economista. His articles have been published in numerous national and international media, including The Guardian, European Voice, Rolling Stone, Vanity Fair, Miami Herald, El Comercio, La Razón,...
English
Spanish
Interview (Video / Broadcast)
News Gathering
Feature Stories
+6
Fact Checking
Related Articles

COP29 and Due Diligence Place Spanish ESG at the Center of the Social Investor Forum
26 Oct 2023
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Finanzas.com
|
Spanish
| Due Diligence
The Social Investor Forum, organized by the magazine Inversión, gathered ESG professionals to discuss the impact of COP29 and due diligence on Spanish companies. Key topics included the $300 billion climate financing agreed at COP29 and the European directive on due diligence affecting large firms by 2027. The forum highlighted the challenges and opportunities in integrating ESG with profitability, emphasizing the need for a cultural shift in business practices. Discussions also covered the complexities of European regulations and the importance of sustainability in enhancing competitiveness.
Balanced


Factuality Scale
Center-Left


Political View
Sergio Vargas
Sergio Vargas is a journalist currently in Panamá City, Panamá.
English
Spanish
Interview (Video / Broadcast)
News Gathering
Content Writing
+6
Politics
Current Affairs
Sports
+5
Related Articles
Telefónica Loses Its Footing Due to Moody’s
14 Dec 2022
|
www.merca2.es
|
Spanish
| Business
Telefónica's stock experienced a significant drop after Moody's Investors Services downgraded Telefónica del Perú's rating from Ba2 to Ba3 and placed it under review for further downgrade. The downgrade was due to concerns over cash flow deterioration following a substantial tax payment to SUNAT. Despite being the largest telecom company in Peru, Telefónica has faced market share losses since 2014 and reported a net loss of around 42 million euros for the third quarter. The company's financial stability is in question as its cash reserves are expected to cover debt only until early next year.
Informative


Factuality Scale