Telefónica: opex strategy
In 2023, Telefónica announced its strategic ‘Growth, Profitability and Sustainability’ (GPS) plan for 2023 to 2026. The plan aims to deliver EBITDA growth and reduce costs by EUR600 million by 2026. This profile outlines Telefónica’s opex reduction strategy and analyses its recent operational activity.
Information included in this report
- Overview of operational activities and performance
- Strategy overview and analysis
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Author

Michela Venturelli
Senior AnalystRelated items
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