Telefónica is one of the world’s largest telecommunications companies by market capitalization. It centers its activities mainly on the fixed and mobile telephony businesses, while its broadband business is the key growth driver underpinning both. It operates in 25 countries and its customer base exceeds 281 million globally. Telefónica’s growth strategy is focused on the markets in which it has a strong foothold: Spain, Europe, and Latin America. Telefónica is a 100% private company, with more than 1.5 million direct shareholders. For more information, visit http://www.telefonica.com/.