Telefónica Brazil Surpasses Parent Company's Market Value for First Time
ByAinvest
Friday, Jan 23, 2026 3:56 am ET1min read
VIV--
Telefónica Brazil's market cap has surpassed its parent company's for the first time, with a 40% gain in the last 12 months compared to a 13% decline for Telefónica. The Spanish carrier's shares have underperformed peers and the Spanish benchmark, with Executive Chairman Marc Murtra struggling to convince investors of his growth plans.
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