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The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. [5] In 1945, the state acquired by law a share of 79.6% of the company.
In September 2011, he was promoted to chief executive officer (CEO) of Telefónica Europe; [7] at that time, he developed Wayra, the accelerator of Startup Company in Latin America and Spain. He is Managing Director of Telefónica S.A. since 17 September 2012, [ 8 ] and he became also a member of the Administrative Board of Telefónica S.A. in ...
Part of the Telefónica Group (the former Spanish public telephone monopoly), Terra operated as a web portal or Internet access provider in the United States, Spain and 16 Latin American countries. It was founded in 1999 as Terra Networks, S.A., a publicly traded company with Telefónica as its main shareholder.
Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance. They may be considered as grey literature. Most jurisdictions require companies to prepare and disclose annual reports, and many require the annual report to be filed at the company's registry.
Telefônica Brasil, trading as Vivo, [3] is a Brazilian telecommunications group, subsidiary of Spanish Telefónica. It was originally formed as part of Telebrás, the state-owned telecom monopoly at the time. In 1998, Telebrás was demerged and privatized. Telefónica bought Telesp, the São Paulo division, and rebranded it to Telefónica. The ...
Movistar (Spanish pronunciation: [moβisˈtaɾ]) is a major telecommunications provider owned by Telefónica, operating in Spain and Hispanic American countries. [1] It is the largest provider of landline, broadband, mobile services, and pay television (Movistar Plus+) in Spain. [2]
Telefónica Colombia is the largest telecommunications company in Colombia. [1] The company was established in 1947 by Mariano Ospina Pérez.It is owned by the Spanish telecommunications company Telefónica and the Colombian government; the Colombian government has a 32.5% stake in Telefónica Colombia but is trying to sell that under favourable conditions for the sale.
The company is managed on behalf of the shareholders by a board of directors, elected at an annual general meeting. [3] The shareholders also vote to accept or reject an annual report and audited set of accounts. Individual shareholders can sometimes stand for directorships within the company if a vacancy occurs, but that is uncommon.