Telefónica Móviles, S.A.Madrid, Spain

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Telefónica Móviles Company Description

Telefónica Móviles is on the move. The wireless arm of Spanish carrier Telefónica provides services to nearly 100 million customers under the Movistar brand. It operates in 15 countries across three continents (In Spain it is the #1 mobile carrier with more than 20 million customers). Telefónica Móviles also manages operations for its parent in Chile and Puerto Rico; operates a joint venture with Portugal Telecom (Brasilcel, marketed as Vivo) for holdings in Brazil and Morocco; and holds UMTS licenses for Germany, Italy, and Switzerland. In 2006, Telefónica bought the remaining 7% of the company that it did not already own and the wireless operations were combined with those of Telefónica.

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The Company Description provides a historical perspective of Telefónica Móviles's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Telefónica Móviles's evolution in the marketplace.

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