Historical Archive Annual Reports

2011 Annual Report

In 2011, we moved forward in our strategy to capture growth in the markets where we are present, thereby strengthening our competitive position.

The expansion of our customer base and the growing contribution of the mobile broadband business have, in turn, spurred the growth of our revenue, which rose by 3.5% in 2011.

Telefónica provides shareholder value through a strategy of energy efficiency and action against climate change which is both clear and appropriate to the world where the company operates. One indication of our success is that in 2011, for the second consecutive year, the Carbon Disclosure Project (CDP) gave us the highest score in the telecommunications sector.

Telefónica ranks seventh in the telecommunications sector worldwide by market capitalisation.

Highest-ranked European operator in Fortune’s “The 2011 World’s Most Admired Companies” list.