Telefónica’s Murtra Confirms Defense Investment with Indra, Addresses Vodafone Rumors, Cites 120 Million Euro Fund and European Merger Support

Marc Murtra, CEO of Telefónica, addressed speculation regarding the company's potential acquisition of Vodafone, describing such rumors as market speculation. Murtra appeared before the Spanish Congress to discuss Telefónica's strategic plans related to defense investments. He emphasized Telefónica's commitment to supporting the Spanish government's defense initiatives, coordinated by Indra, and highlighted the company's intention to facilitate mergers within the European telecommunications sector. Meanwhile, a fund managed by Josep Maria Echarri has raised 120 million euros in under six months, earmarked for acquiring a telecommunications firm, signaling ongoing investment activity in the sector.