25 Jan 2010 07:00
TELEFÓNICA, S.A. ("TELEFÓNICA"), as provided in article 82 of the Spanish Securities Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
At the Italian Commissione Nazionale per le Societá e la Borsa's request, with reference to the article published in an Italian daily financial newspaper today regarding the ownership arrangements for TELECOM ITALIA, TELEFÓNICA wish to make clear that the news it refers to is without foundation.
Madrid, January 22nd , 2010