Telefónica is a world-leading integrated operator in the telecommunication sector, providing communication, information and entertainment solutions, with a presence in Europe and Latin America. It operates in 24 countries. As of December 2013, its total number of customers amounted to 323.1 million. The company has one of the most international profiles in the sector, with more than 77% of its business outside its home market, and is a reference point in the Spanish and Portuguese speaking market.

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