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Telefonica deepens UK presence with London office

Telefonica outlined plans to create a London-based office, a move it stated reflects the importance of its UK operations and a growing commitment to the European market. The operator stated the office would be overseen by group COO Emilio Gayo and headed by Mario Martin, an executive with more 30 years’ experience within the Telefonica group. Martin worked as CEO of infrastructure subsidiary Telxius for the past eight years. The London office is…

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Lean Right

This operation will be the first step in consolidating alternative suppliers in the UK

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At the operational level, Telefónica's president announced an integral transformation of the company.

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The president of Telefónica, Marc Murtra, has announced an ambitious investment plan for 32 billion euros between 2026 and 2028, which combines both operational expenditure (Opex) and investments in assets (Capex) and is part of the company’s new strategic approach to strengthening its competitiveness. “Between 2026 and 2028, we will invest, between Capex and Opex, 32 billion euros. Our business plan involves greater investments than were planne…

·Madrid, Spain
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The president of the teleco aligns his strategy with the Brussels warnings to prevent Europe from becoming a "digital colony" and urges to reduce the number of operators to regain technological sovereignty vis-à-vis the US and China Voluntary applications to join the ERE of Telefónica exceed the agreed exits with the unions The Draghi report, commissioned by Brussels to the economist and former Italian Prime Minister Mario Dragi, warns that if t…

·Spain
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El Periódico broke the news in Barcelona, Spain on Monday, February 2, 2026.
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