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Telefónica Completes Sale of Otecel to Millicom

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Telefónica Completes Sale of Otecel to Millicom

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Telefonica ( (TEF) ) has issued an announcement.

On October 30, 2025, Telefónica announced the completion of the sale of its Ecuadorian subsidiary, Otecel S.A., to Millicom Spain, S.L. for USD 380 million. This transaction, part of Telefónica’s strategy to reduce its exposure in Hispanoamerica, resulted in a reduction of the company’s net financial debt by approximately EUR 273 million, aligning with its asset portfolio management policy.

The most recent analyst rating on (TEF) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Telefonica stock, see the TEF Stock Forecast page.

Spark’s Take on TEF Stock

According to Spark, TipRanks’ AI Analyst, TEF is a Neutral.

Telefonica’s overall stock score is primarily influenced by its stable cash flows and reasonable leverage, despite significant profitability issues. The technical analysis suggests a long-term bullish trend, though short-term caution is advised. Valuation remains a concern due to negative earnings, but the high dividend yield offers some investor appeal.

To see Spark’s full report on TEF stock, click here.

More about Telefonica

Telefónica, S.A. is a leading telecommunications company based in Spain, providing a wide range of services including mobile and fixed-line telephony, broadband, and digital solutions. The company has a significant presence in Europe and Latin America, focusing on enhancing connectivity and digital transformation.

Average Trading Volume: 596,419

Technical Sentiment Signal: Buy

Current Market Cap: $29.17B

For detailed information about TEF stock, go to TipRanks’ Stock Analysis page.

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