Bloomberg<\/a>, Murtra outlined a clear shift under the Transform & Grow plan: the group will concentrate its resources on Spain, Germany, the United Kingdom, and Brazil while pursuing an \u201corderly and value-creating exit\u201d from other Hispano-American markets, including Mexico.<\/p>\nMovistar Mexico\u2019s challenges stem largely from its 2019 network-sharing deal with AT&T, which reduced capital expenditure but limited operational control and growth capacity. With intensifying competition from Telcel, AT&T Mexico, and emerging mobile virtual network operators (MVNOs), Telef\u00f3nica\u2019s potential exit could reshape Mexico\u2019s telecom landscape, consolidating power among incumbents or opening opportunities for new digital players.<\/p>\n
Within Telef\u00f3nica\u2019s global structure, the Hispam unit now accounts for just 12% of total revenue and 7% of EBITDA, down 11% and 33% year-on-year, respectively. The divestments already executed in South America reduced regional exposure and aligned with Telef\u00f3nica\u2019s plan to prioritize higher-margin operations through Telef\u00f3nica Tech (cybersecurity, cloud, and AI) and Telef\u00f3nica Infra (fiber and 5G).<\/p>\n
Globally, Telef\u00f3nica reported \u20ac26.97 billion (US$31.13 billion) in revenue and \u20ac28.2 billion (US$32.55 billion) in net debt at the end of September 2025, reaffirming profitability in its core markets. Yet, for Mexico, the implications go far beyond corporate strategy: a potential exit would mark a turning point for connectivity, competition, and investment in the national telecom sector as the country accelerates 5G deployment and digital inclusion.<\/p>\n","protected":false},"excerpt":{"rendered":"Telef\u00f3nica\u2019s gradual withdrawal from Latin America could reach Mexico, a market where its Movistar brand still serves around…\n","protected":false},"author":2,"featured_media":6384,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[4281,213,4278,751,2692,292,484,439,544,4283,865,4276,243,471,154,4285,247,1482,4280,4284,17,4274,4279,4277,246,155,4282,547,4275,841],"class_list":["post-6383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-telefonica","tag-5g","tag-ai","tag-att-mexico","tag-brazil","tag-cloud","tag-competition","tag-connectivity","tag-cybersecurity","tag-digital-transformation","tag-fiber-optic","tag-germany","tag-hispam","tag-infrastructure","tag-investment","tag-latin-america","tag-market-consolidation","tag-mexico","tag-movistar","tag-mvnos","tag-profitability","tag-spain","tag-strategic-plan-2026-2030","tag-telcel","tag-telecom-market","tag-telecommunications","tag-telefonica","tag-telefonica-infra","tag-telefonica-tech","tag-transform-grow","tag-uk"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/6383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=6383"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/6383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/6384"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=6383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=6383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=6383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}