Acquisition of BS properties

Telefonica SA
02 November 2004







Further to the significant event filed under RNS  number 6145E, Telefonica has
submitted to the UK Listing Authority two copies of the presentation '
Acquisition of BS wireless properties in Latin America: Back- up information' on
the acquisition of BellSouth's cellular operators in Colombia, Nicaragua, Peru,
Uruguay and Venezuela.

This document will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:



Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5 HS






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            The company news service from the London Stock Exchange