Editing Telefónica (section)

==== Brazil ====
{{Lang|es|Telefónica|italic=no}}'s largest fixed-line operation in South America is in [[Brazil]], where it provides broadband, local and long-distance telephone services in the aforementioned state, which alone represents the highest GDP of South America. It also owns a majority stake in the Brazilian [[mobile telephony|mobile]] operator Vivo, having agreed on 28 July 2010 to buy [[Portugal Telecom]]'s stake in the firm for €7.5 billion, after increasing its original offer by €1.8 billion over three months of incident-rich negotiations.<ref>{{cite news|last=Minder|first=Raphael|title=Telefónica Wins Full Control of Brazil Phone Venture|url=https://www.nytimes.com/2010/07/29/technology/29vivo.html|access-date=31 July 2010|newspaper=[[The New York Times]]|date=28 July 2010}}</ref> The {{Lang|es|Telefónica|italic=no}} group has been in the country since 1996 when it acquired CRT, a fixed-line and mobile operator in the southern part of the country. The landline division is currently part of [[Oi (telecommunications)|Oi]]. In July 1998, acquired [[Telesp]], the telephony operator of the [[Telebrás]] system in the [[São Paulo (state)|state of São Paulo]], forming [[Telefônica Brasil]].<ref>{{Cite web|url=https://ri.telefonica.com.br/|title=Our History|access-date=2020-01-12|website=Telefônica|language=pt}}</ref>

In June 2009, after four big "blackouts" on {{Lang|es|Telefónica|italic=no}}'s broadband "Speedy", [[Brazilian Agency of Telecommunications|ANATEL]] ordered {{Lang|es|Telefónica|italic=no}} to stop sales of its broadband service until improvements were made on the infrastructure to provide better-quality service.<ref>{{cite web |url=https://oglobo.globo.com/economia/mat/2009/06/22/anatel-suspende-comercializacao-do-speedy-banda-larga-da-telefonica-756446903.asp |website=oglobo.globo.com |title=Anatel suspende comercialização do Speedy, banda larga da Telefônica |date=9 June 2009 |url-status=dead |archive-url=https://web.archive.org/web/20090625042704/http://oglobo.globo.com/economia/mat/2009/06/22/anatel-suspende-comercializacao-do-speedy-banda-larga-da-telefonica-756446903.asp |archive-date=25 June 2009 }}</ref> After the release of sales of broadband internet in August 2009, ANATEL expects the company's service investments to keep on par with the sales. On 24 July 2010, {{Lang|es|Telefónica|italic=no}} announced that the number of Speedy subscribers had exceeded three million people.