Company

After the company's Annual General Meetings had been held in a virtual format in the past 3 years due to COVID-19 restrictions, this year the company's Annual General Meeting was again held in physical presence.

Telecommunications provider O₂ Telefónica again saw strong demand for telecommunications services and products in the first quarter of 2023, increasing its revenue strongly by 8 percent to 2.101 billion euros. The strongest growth drivers were mobile service revenue, up 4.2 per cent to 1.408 billion euros, and a record quarter for hardware revenue.

O₂ Telefónica exceeds targets for three-year "Investment for Growth" strategy programme | Continued operational momentum accelerates growth in revenue (+5.9 percent) and OIBDA (+5.3 percent). Revenue climbs above the 8 billion euro mark for the first time | Number of mobile contract lines increases by more than 1.2 million thanks to the strong core brand O₂ | Strong network expansion momentum meets expansion obligations and already delivers 5G coverage to more than 80 percent of the population | O₂ Telefónica confident about 2023 financial year and plans to continue growth trajectory; revenues and OIBDA adjusted for non-recurring items expected to grow by low single-digit percentage year-on-year

The images and news from the earthquake in Turkey and Syria make us deeply saddened. Our solidarity is with the affected people on site and their families. Therefore, from 9 February to 17 February, we put all mobile and landline calls as well as SMS for our own brands O₂, O₂ Business, Blau, AY YILDIZ and Ortel Mobile and our partner brands from Germany to Turkey and Syria free of charge.

From careless postings to digital bullying among peers - for many children and young people, the proper and safe use of the internet is far from natural. Not just on the occasion of the nationwide "Safer Internet Day 2023" O₂ Telefónica is showing ways to deal with digital media more consciously and confidently.

O₂ Telefónica has submitted its expansion figures to the Federal Network Agency to meet the coverage requirements as of the cut-off date of December 31, 2022. The telecommunications provider has completed an impressive network expansion program over the past three years: since 2020, O₂ Telefónica has processed around 20,000 mobile sites to further improve the O₂ network and achieve the required coverage levels. The company considers the obligations to have been met - taking into account legal and factual circumstances. In the case of the 5G rollout, O₂ Telefónica has even far exceeded the required condition.