Telefónica S.A. sold approximately 99.3% of its shares in Telefónica del Perú to Integra Tec International for about 3.7 million Peruvian soles (around 900,000 euros) on April 13, 2025, amidst ongoing insolvency proceedings for Telefónica del Perú. This transaction aligns with Telefónica's strategy to reduce its exposure in Hispanoamérica.