STRATEGIC PLAN

Launch of Movistar as a mobile telephone services company

Infovía becomes the gateway to the Internet revolution that will change the world

Double Revolution. The take-off of mobile telephony and Internet begins

Movistar is born, the 2G mobile telephony services or GSM technology that introduces among other novelties the SIM card

Infovía makes the Internet accessible to everyone

Infovía with its installation and user guides immerses the customer in the new dimension of digital information

Telefónica's IPO advertising campaign is also present in the cabins

With the popularization of the use of the Internet thanks to Infovía Plus, the services available telematically are multiplying and diversifying

Infovía will exceed half a million users in Spain in just over a year

ALL BOOTHS ARE NOW EQUIPPED WITH MODULAR TELEPHONES THAT ACCEPT BOTH COIN AND CARD PAYMENTS

TELEFÓNICA, A FOUNDING MEMBER OF THE EUROPEAN TELECOMMUNICATIONS OPERATORS' CHARTER ON THE ENVIRONMENT, UNDERTAKES TO INCLUDE AN ENVIRONMENTAL PROTECTION POLICY IN ITS CODE OF ETHICS

ADVERTISING CAMPAIGN FOR THE IPO OF 12% OF THE SHARES THAT THE STATE OWNS IN TELEFÓNICA

THE COMPANY ACQUIRES WITH ITS SHAREHOLDERS, AMONG OTHER COMMITMENTS, THE GROWTH OF THE SHARE VALUE, THE INCREASE IN LINE REVENUES, PRODUCTIVITY AND SELF-FINANCING AND THE DIVIDEND ACCORDING TO EARNINGS

EXHIBITIONS AND EXHIBITIONS IN THE GRAN VÍA BUILDING