Telefonica's Strategy Looks Soft on Major Initiatives -- Market Talk

Dow Jones

Nov 05

1005 GMT - Telefonica isn't yet showing signs of a return to robust growth, ING analyst Jan Frederik Slijkerman write in a note. The Spanish telecommunications group outlined its mid-and-long term guidance, including plans to halve its dividend in 2026. Debt reduction is taking longer than expected, and the company's strategic plan appears somewhat soft, the analyst says. "Telefonica's strategic plan is a bit soft on grand plans--contrary to earlier news reports on M&A opportunities or a capital raise--while its outlook for growth is muted," he adds. The group expectations for 2025 cash generation and its free cash flow outlook for 2026 were disappointing, he adds. Shares are down 2.8% at 3.63 euros. ( najat.kantouar@wsj.com)

(END) Dow Jones Newswires

November 05, 2025 05:05 ET (10:05 GMT)

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The Spanish telecommunications group outlined its mid-and-long term guidance, including plans to halve its dividend in 2026. Debt reduction is taking longer than expected, and the company's strategic plan appears somewhat soft, the analyst says. \"Telefonica's strategic plan is a bit soft on grand plans--contrary to earlier news reports on M&amp;A opportunities or a capital raise--while its outlook for growth is muted,\" he adds. The group expectations for 2025 cash generation and its free cash flow outlook for 2026 were disappointing, he adds. Shares are down 2.8% at 3.63 euros. 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The Spanish telecommunications group outlined its mid-and-long term guidance, including plans to halve its dividend in 2026. Debt reduction is taking longer than expected, and the company's strategic plan appears somewhat soft, the analyst says. \"Telefonica's strategic plan is a bit soft on grand plans--contrary to earlier news reports on M&amp;A opportunities or a capital raise--while its outlook for growth is muted,\" he adds. The group expectations for 2025 cash generation and its free cash flow outlook for 2026 were disappointing, he adds. Shares are down 2.8% at 3.63 euros. ( najat.kantouar@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2025 05:05 ET (10:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4115","symbol_name":"综合电信业务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2581740849","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581740849","pubTimestamp":1762337100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1005 GMT - Telefonica isn't yet showing signs of a return to robust growth, ING analyst Jan Frederik Slijkerman write in a note. The Spanish telecommunications group outlined its mid-and-long term guidance, including plans to halve its dividend in 2026. Debt reduction is taking longer than expected, and the company's strategic plan appears somewhat soft, the analyst says. \"Telefonica's strategic plan is a bit soft on grand plans--contrary to earlier news reports on M&A opportunities or a capital raise--while its outlook for growth is muted,\" he adds. The group expectations for 2025 cash generation and its free cash flow outlook for 2026 were disappointing, he adds. Shares are down 2.8% at 3.63 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4115":"综合电信业务","TEF":"西班牙电信"},"translate_title":"西班牙电信的战略在重大举措上看起来很软弱——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TEF":0.9},"content_text":"1005 GMT - Telefonica isn't yet showing signs of a return to robust growth, ING analyst Jan Frederik Slijkerman write in a note. The Spanish telecommunications group outlined its mid-and-long term guidance, including plans to halve its dividend in 2026. Debt reduction is taking longer than expected, and the company's strategic plan appears somewhat soft, the analyst says. \"Telefonica's strategic plan is a bit soft on grand plans--contrary to earlier news reports on M&A opportunities or a capital raise--while its outlook for growth is muted,\" he adds. The group expectations for 2025 cash generation and its free cash flow outlook for 2026 were disappointing, he adds. Shares are down 2.8% at 3.63 euros. ( najat.kantouar@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 05, 2025 05:05 ET (10:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}