Telefonica, a publicly owned company headquartered in Spain, was founded in 1924 and operates with approximately 129,510 employees. It reported $39.7B in revenue as of 2025. Functioning as a Spanish multinational telecommunications company, Telefonica provides fixed and mobile telephony, broadband, and subscription television services, operating across Europe and the Americas. Its brands include Movistar and Telefónica Hispanoamérica.
Telefónica signed a five-year partnership agreement with FC Barcelona on September 18, becoming an official partner of Espai Barça and gaining priority status for future technology projects at the Spotify Camp Nou, Palau Blaugrana, and Campus Barça. Earlier the same day, Capgemini announced its contribution to EURO-3C, a European digital security initiative led by Telefonica and supported by the European Commission, which unifies 87 organizations to develop a federated infrastructure leveraging telecommunications, edge computing, cloud, and AI to enhance Europe's digital sovereignty. A separate report on September 18 indicated that Spanish telcos are strengthening their role in the country's pay-TV market, with 44% of households accessing paid audiovisual platforms through an Internet provider package. Previously, on September 17, Telefónica stated it would share practical insights on balancing service availability and inventory investment across complex spare parts networks at LogiAftersales 2026.
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Telefonica currently holds 65 broadcasting rights for sports competitions including golf, soccer | association football, athletics, combat sports, basketball, american football, ice hockey, tennis, baseball, rugby league, rugby union, padel and pickleball and motorsports.