TEF.LIM Stock Price Factors: Company Performance: Revenue, profit margins, subscriber growth, and debt levels directly influence investor sentiment.

Industry Trends: Overall health and growth prospects of the telecommunications sector in Spain and globally impact TEF's outlook.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, and interest rates in Spain affect consumer spending and investment.

Regulatory Environment: Government policies related to telecommunications, spectrum allocation, and competition affect operations.

Competition: Actions of competitors like Orange and Vodafone influence market share and pricing strategies.

Technological Advancements: Investments in and adoption of new technologies like 5G and fiber optics affect future competitiveness.

Investor Sentiment: Market mood, news headlines, and analyst ratings shape buy and sell decisions, driving price volatility.

Dividend Policy: Decisions regarding dividend payouts attract or deter investors, influencing stock demand and price.

Global Events: Major global events, like economic crises or geopolitical instability, affect investor confidence and market stability.