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Movistar to invest 500 million in Venezuela to boost cell service

February 08, 2025
Telefónica, S.A.'s subsidiary, Movistar, has announced a significant investment of 500 million in Venezuela. The aim of this investment is to enhance the country's cell service, providing improved connectivity and better communication options for the people. The decision to invest such a substantial amount reflects the company's commitment to the Venezuelan market and its desire to contribute to the development of the country's telecommunications infrastructure. This move is expected to have a positive impact on the overall customer experience and drive further growth for Telefónica, S.A. in the region. As a result, it is recommended to consider investing in the company's stocks for potential future gains. For a professional analysis and forecast of the stock's movement, consult Stocks Prognosis.
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Telefónica, a leading telecommunications company, has recently announced the sale of its shares in Telefónica Móviles del Uruguay to Millicom for a total of 389 million. Th...

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TEFMay 27, 2025TELEFÓNICA, S.A. Hits Price Target with 19.86% Profit: QuantWave Forecast Success  ~1 min.

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TEFMay 23, 2025Telefónica S.A. : The stock forcefully approaches new pivot levels  ~1 min.

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TEFMay 23, 2025Price Target Forecast Success: TELEFÓNICA, S.A. Achieves 21.5% Profit as Predicted by QuantWave  ~1 min.

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Telefónica, S.A. has successfully reached the price target forecast set by QuantWave on May 23, 2025, resulting in a profit of 14.04%. ...

TEFApril 28, 2025TELEFÓNICA, S.A. Stock Hits Price Target with 14.16% Profit: A Success Story for QuantWave  ~1 min.

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TEFApril 28, 2025TELEFÓNICA, S.A. Hits Price Target Forecast with 14.41% Profit on QuantWave Platform  ~2 min.

TELEFÓNICA, S.A. has successfully reached the price target forecast set by QuantWave, yielding a profit of 14.41% for investors. ...

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Telefónica, a leading telecommunications company, has joined forces with IBM to develop cutting-edge quantum-safe security solutions. ...

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Telefónica, one of the leading telecommunications companies in the world, has announced a leadership transition reflecting its new shareholding structure. ...

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TEFJanuary 1, 2025Telefónica S.A.'s Individual Investors Hold Majority Stake, Opening Up Possibilities for Stock Growth  ~2 min.

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