Prosegur and Telefónica expect to double market growth in alarms

FinanceInternationalTradingViewOct 22, 2026, 12:49 AM40 s readAI summary

Movistar Prosegur Alarmas (MPA), the joint venture started in 2020 by Prosegur and Telefónica, reached about 630,000 connections at the end of June and has tripled its customer base since its creation. Its CEO, Diego Torrico, expects to grow twice as fast as the market over the next five years, which he estimates is expanding between 5% and 6% annually. The company is the second in the Spanish sector, behind Verisure, which has more than 2.2 million customers.

In 40 seconds

MPA has about 630,000 connections at the end of June and has tripled customers since 2020
The goal is to grow twice as fast as a market expanding 5% to 6% annually over the next five years
Verisure leads the Spanish market with more than 2.2 million customers

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IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.

Prosegur
Telefónica
alarmas
joint venture
España

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Prosegur and Telefónica expect to double market growth in alarms

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

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