Full Year 2019 Telefonica SA Earnings Call Transcript

Feb 20, 2020 / 09:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Telefónica's January to December 2019 Results Conference Call. (Operator Instructions) As a reminder, today's conference is being recorded. I would now like to turn the call over to Mr. Pablo Eguiron, Global Director of Investor Relations. Please go ahead, sir.

Pablo Eguiron Vidarte - Telefónica, S.A. - Head of IR

Good morning, and welcome to Telefónica conference call to discuss January-December 2019 Results. I'm Pablo Eguiron, Head of Investor Relations.

Before proceeding, let me mention that financial information contained in this document related to the fourth quarter 2019 has been prepared under International Financial Reporting Standards as adopted by the European Union. From the 1st of January 2019, we implemented IFRS 16. In organic terms, the effects of the accounting change to IFRS 16 have -- are excluded in 2019. This financial information is unaudited.

This conference call webcast, including the Q&A session, may contain forward-looking statements and information

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