BRIEF-Telefonica CEO Sees Determination For 'Drastic Change' In Europe Towards Strategic Autonomy From U.S.
ReutersFeb 27, 2025 10:18 AM
Feb 27 (Reuters) - Telefonica SA TEF.MC CEO Marc Murtra:
WE DETECT A DETERMINATION FOR DRASTIC CHANGE IN EUROPE TOWARDS STRATEGIC AUTONOMY FROM U.S.
WE'VE PUT OUR MID-TERM GUIDANCE ON HOLD BECAUSE WE WANT FLEXIBILITY AHEAD OF OUR STRATEGIC REVIEW, AS WE BELIEVE THERE WILL BE DRASTIC CHANGES IN EUROPE
THERE WON'T BE MARKET ADVENTURES INTO AREAS WE DON'T CURRENTLY OPERATE IN
OUR STRATEGIC REVIEW WILL FOCUS ON MARKETS WE KNOW WELL OR VERY WELL SUCH AS TELECOMS, INFRASTRUCTURE
Source text: [ID:]
Further company coverage: TEF.MC
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