Our businesses

About Telefónica Europe plc

We provide integrated mobile, fixed and broadband services in the UK, Ireland, Germany, the Czech Republic and Slovakia. Together, we’re Telefónica Europe, but customers know us as O2.

Telefónica Europe also owns 50% of the Tesco Mobile joint venture business in the UK and Ireland, as well as, the Tchibo Mobilfunk joint venture in Germany. In addition, the group includes the Isle of Man fixed/mobile operator, Manx Telecom.

We have 47.6 million mobile, fixed and broadband customers across Europe and 29,000 employees across the Group.

Telefónica Europe, part of Telefónica S.A. is headquartered in Slough, UK.

Telefónica Europe announces its results, across its territories, with Telefónica's quarterly reporting cycle. We reported revenues for the period ended 31 December 2008 of over €14.3 billion.

As part of an enlarged company, O2 continues to build on its track record of operational delivery, the strength of its brand, and the momentum it has established in all its markets.

O2 and Telefónica have brought together two strong, successful, growth-orientated companies, creating a strong pan-European/global telecoms player.

Latest performance

Telefónica Europe continues to go from strength to strength, outperforming our competitors by investing in customer experience, as a means to drive sustainable growth, and emerge from the current recession, fitter and stronger than before.

In spite of a tough economic environment, we delivered a strong set of results in the first half to 30 June 2009, in increasingly competitive markets.  We have, in particular, reported impressive cash flow growth (up 16.8% year-on-year to €1.130 billion), while maintaining our levels of investment to ensure the long-term health of the business.

First half revenues increased to €6.571 billion (2.2% growth in constant currency), with OIBDA up to €1.879 billion (6.2% organic growth). The total customer base grew 8.3% year-on-year to 47.6 million while mobile customers increased to 42.6 million, with 85% of net additions in the contract segment.

By continuing to build on the O2 brand, the company aims to become the communications provider of choice through a commitment to offering high quality products and services, as well as, leading customer retention and loyalty programmes. O2 is committed to demonstrating clearly and powerfully what customers 'can do' with new data services, devices and technology.

About Telefónica

Telefónica is the world's largest integrated telecommunications operator, and the largest in Europe in terms of market capitalisation.  Its activities are centred mainly on fixed and mobile telephony, with broadband as the key tool for the development of both.

The company has a significant presence in 25 countries, across 4 continents, and has a customer base of more than 258.9 million worldwide.

Telefónica is a 100% listed company, with in excess of 1.5 million direct shareholders. Its share capital currently comprises 4,921,130,397 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Paris, Frankfurt, Tokyo, New York, Lima, Buenos Aires and São Paulo.