Strong Customer Engagement and Network Expansion
NPS scores reached new highs with Spain leading, and strong improvements in Brazil and Germany. Rolled out fiber to over 1.5 million premises and reached 75% 5G coverage in core markets.
Growth in Core Markets
Spain, Brazil, and Germany showed strong performance in key commercial and financial metrics, with Spain's domestic revenue growing by 1.7% year-on-year and Brazil's revenue rising 6% above inflation.
Reduction in Net Debt
Net debt decreased by €0.1 billion in the first three months of the year, with a further reduction to €25.8 billion expected after the sale of Peru and the signing of the binding agreement for Colombia.
Telefonica Tech and Infra Growth
Telefonica Tech's revenue increased by 6.6% year-on-year, with a 15% expansion in the commercial funnel. Telefonica Infra reached 29 million premises passed with fiber.