As a founding member of the 'Grand Coalition for Digital Jobs', Telefónica is strongly committed to boosting digital skills, innovation and entrepreneurship in Europe. Telefónica’s concrete vision consist of a wide range of initiatives to empower and train young people as well as to invest in technology-based people, projects and companies in any stage of their lifecycle. To this end, Telefónica has created Open Future – an umbrella initiative which includes the start-up accelerator Wayra; Telefónica’s graduate scheme Talentum; young people’s Think-Big Programme, Telefónica Ventures, Amerigo and CIP Fund. With an investment portfolio of more than 600 start-ups and offices in 17 countries, Open Future helps turn innovative ideas into successful businesses. Additionally, via its Foundation, Telefónica’s has funded a set of ambitious educational and employability programmes to help close the digital skills deficit in Europe which have so far benefited over 30,000 young people.
Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. With its best in class mobile, fixed and broadband networks, and innovative portfolio of digital solutions, Telefónica is transforming itself into a ‘Digital Telco’, a company that will be even better placed to meet the needs of its customers and capture new revenue growth. The company has a significant presence in 21 countries and a customer base of 329 million accesses around the world. Telefónica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy. Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4.938.417.514 ordinary shares traded on the Spanish Stock Market and on those in London, New York, Lima, and Buenos Aires.