Full Year 2018 Telefonica SA Earnings Call Transcript

Feb 21, 2019 / 09:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Telefónica's January to December 2018 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's conference call to discuss January-December 2018 results. I'm Pablo Eguiron, Global Director of Investor Relations.

Before proceeding, let me mention that financial information contained in this document related to the fourth quarter 2018 has been prepared under International Financial Reporting Standards as adopted by the European Union. From the 1st of January 2018, we implemented IFRS 15 and 9, and all financial information in this presentation is based on this new standard. In organic terms, the effects of the accounting change to IFRS 15 are excluded. This financial information is unaudited.

This conference call

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