Telefonica's 5-Year Strategic Plan
Telefonica has unveiled its 5-year strategic plan under CEO Marc Murtra, alongside its Q3 2025 results.
The plan, titled Transform and Grow, aims to save €3 billion and will run from 2026-2030.
As part of the plan, Telefonica will cut its dividend payouts next year to prioritize investment in core technology.
- 2025 dividend: €0.30 per share
- 2026 dividend: €0.15 per share, paid out in June 2027
The new strategy will target enhancing customer experience and develop talent.
The six pillars of the plan are designed to establish Telefonica as a “world-class European operator with profitable scale”.
Author's summary: Telefonica aims to save €3B with new plan.
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