Telefonica traded at 3.51 this Wednesday July 8th, decreasing 0.03 or 0.85 percent since the previous trading session. Looking back, over the last four weeks, Telefonica lost 9.33 percent. Over the last 12 months, its price fell by 22.31 percent. Looking ahead, we forecast Telefonica to be priced at 3.46 by the end of this quarter and at 3.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company's services and products include Mobile business, Fixed-line telephony business and Digital services. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company's operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela, Ecuador and Uruguay). These segments are engaged in activities relating to wireline, wireless, cable, data, Internet and television (TV) businesses and other digital services in accordance with each location. It offers a range of mobile and related services and products to personal and business customers. It offers traditional fixed telecommunication services, Internet and broadband multimedia services and data and business-solutions services. It offers a range of digital services, such as Internet of Things (IoT).