TELEFÓNICA

Telefónica in Germany plans to cut around 1,100 jobs and close 60 proprietary shops by the end of 2026 to achieve annual savings of about €180 million starting in 2028. Despite these measures, revenue and profit continue to decline, affected by the loss of 1&1 customers and ongoing discounting. Without its own fixed-line and TV offerings, Telefónica remains at a disadvantage in bundle services, so staff and store reductions alone seem unlikely to deliver a turnaround. » More on wiwo.de

The Higher Regional Court of Bamberg prohibited Telefónica from using a standard contract clause that granted the provider a unilateral right to terminate with one month’s notice even during the minimum term for unlimited tariffs. The judges found the clause to be an unreasonable disadvantage to consumers and rejected the argument that customers could benefit from early terminations. Reference to the EU code (EECC) did not help Telefónica; review under German law remains applicable and leave to appeal was denied. » More on heise.de

The Higher Regional Court (OLG) Bamberg ruled that Telefónica may not rely on the contract clause in its terms and conditions that allowed it to cancel the O2 Mobile Unlimited Max and O2 Mobile Unlimited Smart tariffs at any time for heavy usage. The Verbraucherzentrale Hamburg sued against the provision after Telefónica refused to sign a cease-and-desist declaration. The judgment is final and prohibits the provider's practice of premature terminations that disadvantaged customers despite agreed minimum contract terms. » More on golem.de

Had an amount of 100 EUR been invested in Telefonica three years ago (purchase price 3.93 EUR), investors would hold 25.478 shares today. At a closing price of 4.08 EUR on May 20, 2026, the value of the investment would be 103.90 EUR, corresponding to an increase of 3.90%. The calculation does not account for stock splits or dividends; market capitalization is stated as 23.11 billion EUR. » More on finanzen.net

Telefonica reported Q1 2026 revenue up 0.8% to €8.1bn, driven by strong growth in Brazil (+7.4%). Adjusted EBITDA rose 1.8% to €2.8bn, and free cash flow was €333m. Asset sales in Colombia and Chile reduced net debt by €1.5bn to €25.3bn, and the company confirmed its full-year guidance for free cash flow of about €3bn. The stock reacted in pre-market trading with a rise of around 6%. » More on de.investing.com