Temple University Fox School of Businessstakeholder Analysis

II. Telefonica Overview Telefonica is a telecommunications company before long providing serve ups to over 218 one thousand million customers worldwide. Previous to its incorporation in 1924, Telefonica was supported by a small group of individuals and small French and Spanish companies chip by the government activity. During this time, Telefonica suffered inefficiency under strict governmental regulations, and their manual systems prove to be incompatible throughout Spain. The ineffective phone service situation in Spain was clearly failing, so the Spanish government decided to grant one single body the tariff to service all of Spain; Telefonica was this chosen body. Since this decision in 1924, Telefonica has cock-a-hoop and succeeded tremendously. The couple decades following 1965, and the technological advancement of satellites and data transmission, assisted in Telefonicas growth as the companys telephone installments increased to 3.5 million. In the 1990s, the company expanded their globular presence past Europe into Latin America; on that point they are the telecommunications leader, providing service to 126 million users. The new millennium presented some(prenominal) numerous line of descent opportunities that allowed the company to further its global growth.

In 2005, they acquired English company O2, whose operations are represented in Telefonicas consolidated financial statements as of February 2006. They also acquired Cesky telecomâ€"a leading provider in Czech stateâ€"and in 2006 merged with Colombia de Tellecommunicaciones in Latin America. Starting in 2004, in two short years Telefonica doubled its surface in customers, employees, market share and assets. Now in 2007, it currently boasts presence in 23 countries. It has three distinct business units (Telefonica Spain, Telefonica O2 Europe, and Telefonica Latin America) and maintains historical trends that suggest effective strategy. Financial depth psychology further supports Telefonicas success and growth potential. III. Financial...

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