Telefonica, S.A. (TEF) Q1 2025 Earnings Conference Call Transcript

Telefonica, S.A. (NYSE:TEF) Q1 2025 Earnings Conference Call May 14, 2025 4:00 AM ET

Company Participants

Torsten Achtmann - Director of IR

Emilio Rodriguez - COO

Laura Abasolo - CFO and Control Officer

Lutz Schuler - CEO Virgin Media O2

Markus Haas - CEO of Telefonica Deutschland

Conference Call Participants

Andrew Lee - Goldman Sachs
Mathieu Robilliard - Barclays
Fernando Cordero Barreira - Banco Santander
Akhil Dattani - JPMorgan
James Ratzer - New Street Research
Keval Khiroya - Deutsche Bank

Operator

Good morning, thank you for standing by and welcome to Telefonica's January-March 2025 Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. [Operator Instructions] As a reminder, today's conference is being recorded.

I would now like to turn the conference call over to Mr. Torsten Achtmann, Director of Investor Relations. Please go ahead, sir.

Torsten Achtmann

Good morning and welcome to Telefonica's conference call to discuss January to March 2025 results. I'm Torsten Achtmann from Investor Relations. Before proceeding, let me mention that the financial information contained in this document has been prepared under international financial reporting standards as adopted by the European Union. This financial information is unaudited.

This conference call and webcast, including the Q&A session, may contain forward-looking statements and information relating to the Telefonica group. These statements may include financial or operating forecasts and estimates or statements regarding plans, objectives and expectations regarding different matters.

All forward-looking statements involve risk and uncertainties that could cause the final development and results to materially differ from those expressed or implied by such statements. We encourage you to review our publicly available disclosure documents filed with the relevant securities market regulators. If you don't have a copy of the relevant press release and the slides, please contact Telefonica's