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Telefónica's logo evolution since 1924 to 2021. The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. [5]
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The company 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.
List of sovereign states by number of broadband Internet subscriptions; List of countries by number of Internet users; List of countries by number of telephone lines in use; List of countries by smartphone penetration; List of multiple-system operators; Companies portal; Telephones portal
Telefonica (TEF) continues to revamp its organizational structure with the creation of Strategy and Development department. The unit will amalgamate corporate strategy, M&A, and digital capabilities.
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The Italian State has exercised the "Golden Power" on TIM since 2017, which allows the government to take a number of actions when the strategic interests of the country are concerned. It has also a subsidiary in Brazil, known as TIM Brasil, [13] with 72.6 million customers. [14] The brand covers over 114 million customers worldwide. [15]
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