Telefónica understands corporate responsibility as a way of managing its business in relation to its interest groups.

To the extent that the Telefónica Group is capable of making a positive impact on economic, technological and social progress through its activities and winning the trust of its interest groups, it will be capable of guaranteeing its own sustainability as a company.

In short, the way in which the economic-financial results are met and the objectives are achieved is just as important as the results themselves.