Telefonica Dividend Preserves ‘Sound Payout’: CEO

The video discusses Telefonica's strategic decisions, including cutting dividends to fund investments in broadband networks amid COVID-19 uncertainties. The company is undergoing a transformation to become more tech-oriented, reallocating capital to enhance its infrastructure. Telefonica is actively involved in mergers and acquisitions, particularly in the UK and Brazil, and is exploring further deals in telecom infrastructure. The tech unit is attracting investor interest, with revenues growing in areas like cloud and cybersecurity.

What factors led the company to adapt its dividend policy?

What are the expected outcomes of the merger in the UK?

How has the pandemic influenced the company's digitalization efforts?

What significant value does the company see in its tech unit?

What strategies is the company employing to attract investors?