Telefónica said it expects to have more than 320 million customers in 2012 - 30% of the market in the regions where it operates - compared with 265 million customers in 25 countries today. The Madrid-based company is also aiming for annual revenue growth of between 1% and 4% over the next four years.
Telefónica added: "Global operators are exceptionally well placed in the new value chain because they are best able to formulate new products and services, for which both scale and a global customer base is key." source: Telefónica statement
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