Telefonica SA is the incumbent fixed-line and wireless telephone operator in Spain, which accounts for about a quarter of revenue. It is the second- largest wireless carrier in the United Kingdom (14% of revenue). Telefonica Deutschland, it's 69%-owned German business (15% of revenue), is the largest wireless operator in the country. The remainder of the business includes substantial fixed-line and wireless assets in Latin America. The firm's 74%-owned subsidiary in Brazil (20% of revenue ) is the largest wireless carrier in the country and second- largest Internet access provider. Telefonica also generates significant revenue in Argentina (5%), Chile (4%), and Peru (4%).
Madrid, 28050, Spain