Telefonica Goes on the Offensive


Today, analyst Andrew Tonner discusses Spanish telecommunications giant Telefonica. Despite struggling because of its massive European consumer base, Telefonica has grown market share steadily in Latin America. In order to maintain that growth, Telefonica is now partnering with Mozilla to produce an open-source operating system similar to Google's Android OS. Although the move backfired on other companies, Andrew likes Telefonica's aggressive strategy.

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