Last minute: Telefónica made 1,026 million as of June and is growing in all its markets

Telefónica posted a profit of 1,026 million euros in the first half of the year, a far cry from the 8,600 million it earned in the same period the previous year, which was marked by a historic extraordinary event.

According to the company in the information sent to CNMV, the figure stabilized the group’s profits after the extraordinary results of the operation closed in the first half of 2021. Then, the profit exceeded 8,600 million euros after 7,400 million of the extraordinary proceeds from the creation of VMO2 in the UK together with Virgin Media and from the sale of the Telxius tower to the American Tower.

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Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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