Tag #Latin American Divestments

How do Telefónica's divestments in Latin America contribute to its broader strategic goals, and what are the long-term consequences?

Gayo's statements reflect a broader trend of European telecom consolidation driven by geopolitical shifts and the need for stronger, technology-focused companies. Telefónica's actions, including the sale of Latin American assets and the pursuit of European partnerships, aim to create a more competitive, strategically positioned entity. This follows the company's stated goal of becoming a major player in the European market, with a focus on expanding into key areas of technology and infrastructure.