We grow 18.9% in 2025 compared to the previous year, surpassing €2,222 million in revenue

At Telefónica Tech, we closed 2025 strengthening our role as a global growth unit within the Telefónica Group. Our revenues increased by 18.9% compared to the previous year, reaching €2,222 million, consolidating our performance and expanding our contribution to Telefónica.

This progress comes in a year in which the Group met its financial targets. Telefónica delivered 1.5% revenue growth in constant terms and a 2% increase in adjusted EBITDA for the year, in line with the communicated objectives. Adjusted net income from continuing operations, which reflects the recurring performance of the businesses that remain within the Group, amounted to €2,122 million.

We also rely on a strong base to scale our digital capabilities: the Telefónica Group closed the year with 326.1 million accesses and a network reaching 162.9 million premises with ultra-fast broadband, of which 74.3 million correspond to FTTH. Average 5G coverage across the core markets stands at 80%.

At the same time, we continue to advance on our ESG commitments. Over the past ten years, we have reduced our CO₂ emissions by 49% and achieved 92% rural mobile broadband coverage in our main markets, reinforcing our environmental and social contribution.

With these results, we consolidate our growth at Telefónica Tech and strengthen our strategic contribution to the Group.