The Telefónica Group has operated mobile telephony services in Venezuela since 2005, when it acquired the operator Telcel BellSouth, which at that time had around 4.5 million customers. That same year, Telefónica began to operate with the Movistar brand in the country. Today, the company has a comprehensive range of services in Venezuela, with leading products in mobile internet, digital television and mobile and landline telephony.
Some of the main figures:
- In the first quarter of 2017, Telefónica's income in Venezuela was 98 million euros and the OIBDA stood at 22 million euros.
CEO Hispanoamérica: Eduardo Caride
(Euros in millions)