Telefónica HQ Distrito: Office Photos & Benefits

THE HEADQUARTERS · DISTRITO TELEFÓNICA · 2008

A campus built like a village around a lake

Rafael de La-Hoz designed one campus to bring 14,000 employees together. Four identical groups of three buildings stand at the corners like watchtowers; the management buildings, restaurants, clinic and gyms sit in the middle. One type of glass, made for the project, and a large solar roof tie it together. Inside, the company describes open, light-filled, paperless work floors, and a central lake framed by four garden squares, each planted differently for its sun and shade.

390,000 m² (≈ 4.2M sq ft)
Design: Rafael de La-Hoz
Gardens: James Braybrook
16,000 solar panels
9,500 m² of water
Built 2004–2008

The lake and the Parque de las Comunicaciones

A central lake frames the campus, with 9,500 m² of water among 60,900 m² of green areas.

Sunlit pool of water beneath an overhanging roof, trees beyond — Water under the canopy · Zarateman / CC0 · Wikimedia Commons

Tree-lined path with lamps leading toward low buildings at dusk — Evening walk · M.Peinado / CC BY 2.0 · Wikimedia Commons

Campus behind a garden and a road, with a long flat canopy between two glass towers — From the street · M.Peinado / CC BY 2.0 · Wikimedia Commons

Long building under a deep canopy with flags in front of a roundabout — The main front · Luis García (Zaqarbal) / CC BY-SA 3.0 · Wikimedia Commons

Four garden squares and the solar roof

Gardens by James Braybrook fill four squares, each planted differently for its sun and shade, under a large solar roof with 16,000 panels.

Courtyard garden with bare trees under a dark canopy, a red wall to one side — Garden square · © Rafael de La-Hoz Arquitectos

Paved path beside planted beds and trees running under a canopy — Garden path · Zarateman / CC0 · Wikimedia Commons

Bright green trees and lawn in front of a glass facade — Trees and lawn · Zarateman / CC0 · Wikimedia Commons

Wooden walkway beside flowering beds and round shrubs — Planted beds · Zarateman / CC0 · Wikimedia Commons

Lawn and trees between campus buildings on a sunny day — Green square · Zarateman / CC0 · Wikimedia Commons

Wide paved square with planters and trees under a long roof edge — Paved square · Zarateman / CC0 · Wikimedia Commons

Overhanging canopy with skylight openings above planters and a glass building — Canopy with skylights · Zarateman / CC0 · Wikimedia Commons

Dark canopy with skylight cut-outs over glass buildings and red flowers — Roof and flowers · Zarateman / CC0 · Wikimedia Commons

Tall slim columns holding a canopy with skylights over a garden — Columns and canopy · Zarateman / CC0 · Wikimedia Commons

Glass towers at the corners

Rafael de La-Hoz placed four identical groups of three buildings at the corners like watchtowers, all clad in one type of glass made for the project.

Two glass towers with pleated facades against a deep blue sky — Corner towers · © Rafael de La-Hoz Arquitectos

Square glass tower beside a road and low campus buildings — From the road · M.Peinado / CC BY 2.0 · Wikimedia Commons

Glass tower seen across a planted verge, a canopy behind it — A corner tower · Luis García (Zaqarbal) / CC BY-SA 3.0 es · Wikimedia Commons

Glass tower at sunset seen from a street corner — At sunset · Luis García (Zaqarbal) / CC BY-SA 3.0 es · Wikimedia Commons

Glass towers and campus buildings beside a curving road in evening light — Evening view · Luis García (Zaqarbal) / CC BY-SA 3.0 es · Wikimedia Commons

Close view of a glass tower with stepped facade panels and small trees — Facade up close · Zarateman / CC0 · Wikimedia Commons

Glass tower reflecting the sun, an olive tree in the foreground — Sun on the glass · Zarateman / CC0 · Wikimedia Commons

Lit glass facade under a dark canopy at blue hour — At blue hour · © Rafael de La-Hoz Arquitectos

Close-up of angled glass panels on a facade — The glass skin · © Rafael de La-Hoz Arquitectos

Facts: Rafael de La-Hoz project page “Distrito C. Sede Central Telefónica” · telefonica.com blog posts “Biodiversity in the Telefónica District” and “The privilege of being a ‘telefónica’ and working in Distrito” (Feb 2024)

Distrito Telefónica, Las Tablas

Building	Address
Distrito Telefónica (headquarters)	Ronda de la Comunicación, s/n, 28050 Madrid, Spain
Gran Vía 28 (former HQ; sold in 2026)	Gran Vía, 28, 28013 Madrid, Spain

Source: Form 20-F FY2024 (principal executive offices; registered office at Gran Vía 28) · telefonica.com press release, Sep 3, 2026 · See them on the map ↓

ArchitectRafael de La-Hoz

Built area390,000 m² (≈ 4,197,921 sq ft)

Land168,500 m² (≈ 1,813,717 sq ft)

Green areas60,900 m²

Built2004–2008

Layout4 phases × 3 buildings at the corners + central buildings

GardensJames Braybrook

AwardsCOAM 2009 distinction · XI Argentine Architecture Biennial

Source: Rafael de La-Hoz project page · telefonica.com blog “Biodiversity in the Telefónica District” (Feb 9, 2024). Metro: Ronda de la Comunicación, line 10.

Benefits (Spain)

Telework2 days a week

Universal for everyone whose work can be done remotely, under the telework agreement at Telefónica España.

Work from a second homeAllowed

Remote work is possible from a second residence, as long as health-and-safety rules are met.

Home-office kitPaid

Equipment for teleworking is provided and connectivity costs are compensated.

Smart WorkNo fixed office days

Some groups, by role, work without having to come to the office on a recurring, structured basis.

Four-day week pilot20% paid

Work Monday to Thursday; the company covers 20% of the fixed-pay reduction for the time not worked.

Employee share planGroup-wide

A Global Employee Incentive Share Purchase Plan approved in 2022 delivered Telefónica shares to participants in 2024.

On campusServices

Restaurants, cafeterias, medical centres, nurseries, banks, pharmacies and travel agencies at Distrito Telefónica.

Source: jobs.telefonica.com, Telefónica España “Nuestra Empresa” · Form 20-F FY2024 (share plan) · telefonica.com blog, Feb 20, 2024 (on-campus services)

Why people stay: what Telefónica itself describes

2,000 m²A corporate university on campus

The Universitas campus opened in 2022 on the fourth floor of North Building 3, with four training rooms, a recording room and a cafeteria.

Open to allLearning without limits

Universitas offers its full learning catalogue to every Telefónica employee, without any limitation.

MobilityMoving inside the company

Telefónica says it encourages internal mobility so people can grow by taking on new challenges.

HybridFlexibility, trust and disconnection

A hybrid model that combines remote work with collaborative spaces in the offices.

FUE seal‘Company promoting young talent’

One of the first three companies certified by the University-Business Foundation for training young talent.

2,700Employees with disabilities

At the end of 2024, 487 of them in Spain.

Source: telefonica.com press release (Universitas campus, Mar 31, 2022) · telefonica.com/en/employment · Form 20-F FY2024, Note 26

Who works here

Where people work · end of 2024 (100,870 people)

Brazil 35,818Hispam 27,569Spain 18,305Other 11,589Germany 7,589

Women · end of 2024

Women ≈ 40%

100,870

employees at the end of 2024

≈ 40%

of the workforce are women

2,700

employees with disabilities

14,000

people the HQ campus was planned for

Source: Form 20-F FY2024, Note 26 (headcount by segment, women, disabilities) · Rafael de La-Hoz project page (14,000)

Office history: from Europe's first skyscraper to a garden campus

1924
Founded in Madrid
Compañía Telefónica Nacional de España (CTNE) was founded with a capital of one million pesetas. By 1927 almost 3,000 employees ran 1,505 exchanges.
Source: telefonica.com blog “1920s: Telefónica is born”

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1929
Gran Vía 28 — Europe's first skyscraper
Built from 1926 to 1929 to a design by Ignacio de Cárdenas with the American Louis S. Weeks: 89 metres, 13 floors and about 32,000 m² on a metal frame, then unprecedented in Spain. It housed Madrid's first automatic exchange and opened in July 1929; it was CTNE's headquarters from late 1929.
Source: telefonica.com press releases (Dec 10, 2019; Sep 3, 2026) · blog “1920s: Telefónica is born”

Gran Vía 28, 1929 · © Fundación Telefónica Archive
2005
The first teams move north to Las Tablas
Distrito Telefónica was built between 2004 and 2008. Employees began arriving in 2005, leaving the centre of Madrid where most of Telefónica's buildings had been.
Source: telefonica.com blog posts (Feb 9 and Feb 20, 2024)

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2008
Distrito Telefónica becomes the headquarters
The company moved its headquarters to Distrito Telefónica, Rafael de La-Hoz's 390,000 m² campus at Ronda de la Comunicación, planned to bring 14,000 employees together.
Source: telefonica.com press release, Sep 3, 2026 · Rafael de La-Hoz project page

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2012
Gran Vía 28 opens to the public
Espacio Fundación Telefónica opened in the old headquarters, next to the Espacio Movistar flagship store.
Source: telefonica.com press release, Sep 3, 2026

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2022
An Innovation and Talent Hub on campus
After launching the Innovation and Talent Hub at Distrito in October 2021, Telefónica opened the 2,000 m² Universitas campus for its corporate university in North Building 3.
Source: telefonica.com press release, Mar 31, 2022

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2024
A centenary sculpture
For its 100th year the campus received Jaume Plensa's ‘Iris’, a six-metre, four-tonne face made of letters from eight alphabets. A 1983 Eduardo Chillida sculpture already stood in the gardens.
Source: telefonica.com blog “Arte y naturaleza en Distrito Telefónica”

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2026
Gran Vía 28 is sold
Telefónica completed the sale of the Gran Vía building to General de Galerías Comerciales in September 2026. Espacio Fundación Telefónica and Espacio Movistar stay open there.
Source: telefonica.com press release, Sep 3, 2026

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Map: how the headquarters moved

For almost 80 years Telefónica was run from its skyscraper on Gran Vía in central Madrid. In 2008 it moved about 11 km north to Distrito Telefónica in Las Tablas.

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1 · 1929Gran Vía 28 — Europe's first skyscraper, headquarters from late 1929 to 2008
2 · 2008Distrito Telefónica — Ronda de la Comunicación, Las Tablas — today's headquarters

Addresses: Form 20-F FY2024 · telefonica.com press release, Sep 3, 2026

What Telefónica does

Telefónica began in 1924 as Spain's national telephone company. Today it sells mobile, fixed broadband and TV under brands such as Movistar, O2 and Vivo, and in 2025 served more than 326 million accesses.

Reporting segments: Telefónica Spain, Telefónica Germany, Telefónica Brazil and Telefónica Hispam; in the UK, VMO2 is a 50:50 joint venture with Liberty Global.

Where the money came from · Revenue by segment, 2024

Telefónica SpainMovistar mobile, fibre and TV

€12.8B

Telefónica BrazilVivo mobile and fixed

€9.6B

Telefónica HispamSpanish-speaking Latin America

€9.0B

Telefónica GermanyO2 mobile and fixed

€8.5B

Source: Form 20-F FY2024, operating results by segment

Revenue, 2025€35.1Bcontinuing operations, +1.5% in constant terms

Revenue, 2024€41.3Bbefore the Hispam divestments

Net result, 2025−€4.3Brestructuring, impairments and Hispam divestments

Accesses, 2025326M+fibre reaches 162.9M premises

Source: Telefónica Q4 2025 results press release (Feb 24, 2026) · Form 20-F FY2024

Growth: revenue vs. people

0.79×revenue, 2016 → 2024
€52.0B → €41.3B

0.79×employees, same years
127,323 → 100,870

YearRevenueEmployees

FY2016

€52.0B

127,323

FY2017

€52.0B

122,718

FY2018

€48.7B

120,799

FY2019

€48.4B

114,604

FY2020

€43.1B

112,797

FY2021

€39.3B

104,150

FY2022

€40.0B

103,651

FY2023

€40.7B

104,142

FY2024

€41.3B

100,870

FY2025

€35.1B

—

Revenue 2016–2024 and year-end employees: SEC XBRL data from Telefónica's Form 20-F filings (latest restated figures). 2025 revenue: Q4 2025 results press release (continuing operations, after Hispam divestments; not comparable with earlier years). 2025 headcount is published only in PDF reports. Multiples calculated by eciffo.

Chief executives

No free-to-use photo.

2025 – today

Marc Murtra

Chairman & CEO of Telefónica S.A. since January 2025; previously Chairman of Indra (2021–2025).

No free-to-use photo.

until 2025

José María Álvarez-Pallete

Chairman of Telefónica, as named in the company's 2019 and 2022 press releases about Gran Vía 28 and the Universitas campus.

No free-to-use photo.

1924, for 21 years

Estanislao de Urquijo y Ussía

The company's first president.

Founded in 1924 as Compañía Telefónica Nacional de España; first president Estanislao de Urquijo y Ussía. Emilio Gayo is Chief Operating Officer.

Source: telefonica.com executive team (Marc Murtra, Emilio Gayo) · blog “1920s: Telefónica is born” · press releases 2019 and 2022

Telefónica's official social accounts

Accounts linked from the footer of telefonica.com.

LinkedInlinkedin.com/company/telefónica ↗Instagram@telefonica ↗TikTok@telefonica ↗YouTubeyoutube.com/user/telefonica ↗Facebookfacebook.com/telefonica ↗

Telefónica: questions people ask

Where is Telefónica's headquarters?

At Distrito Telefónica, Ronda de la Comunicación s/n, 28050 Madrid, in the Las Tablas district in the north of the city. The nearest metro stop is Ronda de la Comunicación on line 10.

Source: Form 20-F FY2024 · telefonica.com blog (Feb 9, 2024)

Who designed Distrito Telefónica?

The architect Rafael de La-Hoz. The gardens were designed by James Braybrook.

Source: Rafael de La-Hoz project page · telefonica.com blog (Feb 9, 2024)

How big is Telefónica's headquarters?

The architect gives a built area of 390,000 m² (about 4.2 million sq ft). The site covers 168,500 m² of land, with 60,900 m² of green areas and 9,500 m² of water.

Source: Rafael de La-Hoz project page · telefonica.com blog (Feb 9, 2024)

Can you visit Distrito Telefónica?

Telefónica says the complex is accessible to anyone who wants to visit it. The former headquarters at Gran Vía 28 houses Espacio Fundación Telefónica, which runs exhibitions and events.

Source: telefonica.com blog (Feb 9, 2024) · press release, Sep 3, 2026

When did Telefónica move out of the Gran Vía building?

Gran Vía 28 was the headquarters from late 1929. Teams began moving to Distrito Telefónica in 2005 and the headquarters moved there in 2008. Telefónica sold the Gran Vía building in September 2026.

Source: telefonica.com press release, Sep 3, 2026 · blog (Feb 20, 2024)

Does Telefónica allow remote work?

Telefónica describes a hybrid model. At Telefónica España, everyone whose work can be done remotely can telework 2 days a week, also from a second home, and some roles work under ‘Smart Work’ without fixed office days.

Source: telefonica.com/en/employment · jobs.telefonica.com (Telefónica España)

What benefits does Telefónica offer in Spain?

Two telework days a week with equipment and connectivity costs covered, a pilot four-day week in which the company pays 20% of the pay reduction, a group-wide employee share purchase plan, and on-campus restaurants, medical centres and nurseries.

Source: jobs.telefonica.com · Form 20-F FY2024 · telefonica.com blog

How many people work at Telefónica?

100,870 at the end of 2024, of whom 35,818 were at Telefónica Brazil and 18,305 at Telefónica Spain. About 40% were women.

Source: Form 20-F FY2024, Note 26

Who is Telefónica's CEO?

Marc Murtra, Chairman & CEO since January 2025. Emilio Gayo is Chief Operating Officer.

Source: telefonica.com executive team

Telefónica Headquarters & offices · Madrid, Spain

A walled campus for 14,000 people around a lake, four themed garden squares and 16,000 solar panels on the roofs.

A campus built like a village around a lake

The lake and the Parque de las Comunicaciones

Four garden squares and the solar roof

Glass towers at the corners

Distrito Telefónica, Las Tablas

Benefits (Spain)

Why people stay: what Telefónica itself describes

Who works here

Office history: from Europe's first skyscraper to a garden campus

Map: how the headquarters moved

What Telefónica does

Growth: revenue vs. people

Chief executives

Telefónica: questions people ask

Want to work at Telefónica?

Telefónica in our features

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