teleco.com.br

03/01/2012

telefonica.com	Telefônica Group	Spain	Latin America	Mobile Latin America	Fixed Latin America	Telefônica Argentina	O2 Europe
	Annual	Annual	Brazil	Brazil	Brazil	Annual	Annual
	Quarter	Quarter	Annual	Annual	Annual	Quarter	Quarter
			Quarter	Quarter	Quarter

In this page: Basic information about Telefonica Group which operates fixed and mobile telephony as well as internet.

Grupo Telefonica is a group with headquarter in Spain and operations in Europe and Latin America. It's structured in the following way:

Fixed, business where work Telefonica of Spain and Telefonica Latinoamérica, including fixed telephony, Internet, Broad Band and Pay TV. The results of Terra Networks are consolidated in these companies.
Telefonica Móviles joins cellular operations in Spain and Latin America.
Telefonica O2 Europe joins cellular operations in Germany, Tchec Republic and Grupo O2, acquired in 2006.
Other business with Atento (Call Center) and content business and media.

www.telefonica.es

Annual Data

Financial Results - Telefonica Group

Milllion Euros	2006	2007	2008	2009	2010	2011	∆Year
Net Revenue	52,901	56,441	57,946	56,731	60,736	62,837	3.5%
OIBDA	19,126	22,825	22,919	22,603	25,778	20,210	(21.6%)
OIBDA Margin	36,2%	40,4%	39.60%	39.8%	42.4%	32.2%	(24.2%)
Net Profit	6,233	8,906	7,592	7,776	10,168	5,403	(46.9%)
Debt	52,145	45,284	42,733	43,551	55,593	56,304	1.3%

Accesses of Grupo Telefonica (Thousands)

Accesses (Thousands)	2006	2007	2008	2009	2010	2011	∆Year
Cellulars	145,125	167,781	195,819	202,333	220,241	238,748	8.4%
Fixed in service	42,341	43,434	42,931	40,606	41,356	40,119	(3.0%)
Broadband*	7,352	10,320	12,472	13,493	17,130	18,066	5.5%
Pay TV	1,064	1,748	2,268	2,489	2,787	3,310	18.7%

*Not included Broadband subscribers of Internet providers as Terra,

Besides the access on the tables above for final clients, Telefonica also had 2,479 thousand accesses in 2006, being 1,289 thousand ADSL.

Revenue per Company

Million Euros	2006	2007	2008	2009	2010	2011	∆Year
Telefonica Spain	19,750	20,683	20,838	19,703	18,712	17,284	(7.6%)
Telefonica Latin American	18,089	20,078	22,174	22,983	26,041	29,237	12.3%
Telefonica O2 Europe	13,159	14,458	14,308	13,533	15,255	15,524	1.8%
Atento Group	1,027	1,174	1,301	1,321	1,663	1,802	8.4%
Others and eliminations	876	47	625	512	729	792	8.5%
Total Group	52,901	56,441	57,946	56,731	60,736	62,837	3.5%

OIBDA

Million Euros	2006	2007	2008	2009	2010	2011	∆Year
Telefonica Spain	8,647	9,448	10,285	9,757	8,520	5,072	(40.5%)
Telefonica Latin American	6,571	7,121	8,445	9,143	13,783	10,941	(20.6%)
Telefonica O2 Europe	3,708	4,977	4,180	3,910	4,014	4,233	5.5%
Others and Eliminations	200	1,278	9	(207)	(539)	(36)	(93.3%)
Atento Group	-	161	186	154	190	161	(15.1%)
Total Group	19,126	22,824	22,919	22,603	25,778	20,210	(21.6%)

OIBDA Margin

%	2006	2007	2008	2009	2010	2011
Telefonica Spain	43.8%	45.7%	49.4%	49.5%	45.5%	29.3%
Telefonica Latin American	36.4%	35.5%	38.1%	39.8%	52.9%	37.4%
Telefonica O2 Europe	28.2%	34.4%	29.2%	28.9%	26.3%	27.3%
Others and Eliminations	-	-	0.7%	(15.7%)	(32.4%)	(4.5%)
Atento Group	-	13.7%	14.3%	11.6%	26.0%	8.9%
Total Group	36.2%	40.4%	39.6%	39.8%	42.4%	32.2%

Investments (Capex)

Million Euros	2006	2007	2008	2009	2010	2011	∆Year
Telefonica Spain	2,304	2,381	2,208	1,863	2,020	2,914	44.2%
Telefonica Latin American	2,811	3,343	4,035	3,450	5,535	5,299	(4.3%)
Telefonica O2 Europe	2,553	2,125	2,072	1,728	3,072	1,705	(44.5%)
Others and Eliminations	336	178	85	216	217	306	41.7%
Total Group	8,002	8,027	8,401	7,257	10,844	10,224	(5.7%)

Note: Telefonica O2 Europe the Group O2 was included in 2006 (Feb to Dec).

Other Businesses

Atento offers Call Center services in countries as Spain, Brazil, Chile, Mexico and Venezuela. The Revenue of the Group was 1,174 thousands euros in 2007.

Content business and media of Grupo Telefonica has a revenue of 1,608 thousands euros in 2006. Between these business are Endemol and ATCO (Argentina).