DAVIS POLK & WARDWELL | ||
Michael J. Willisch 91 702 2741 michael.willisch@dpw.com | MARQUÉS DE LA ENSENADA, 2 28004 MADRID 91 702 2680 FAX 91 702 2765 | Menlo Park Washington, D.C. London Paris Frankfurt Madrid Tokyo Beijing Hong Kong |
CONFIDENTIAL | ||
September 14, 2007 | ||
VIA EDGAR
Re: | Telefónica, S.A. 2006 Form 20-F File No. 001-09531 |
Mr. Gopal Dharia
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington D.C. 20549-0308
Dear Mr. Dharia:
I am writing on Telefónica, S.A.’s behalf in connection with the Staff’s review of Telefónica’s Form 20-F for the year ended December 31, 2006. As I mentioned in our conversation yesterday, Telefónica is reviewing internally and with its external auditors and legal advisors the Staff’s comment letter dated August 31, 2007, and currently expects to respond in writing to the Staff’s comments on or around September 28, 2007.
Please do not hesitate to contact me (Tel. no. 011-34-91-702-2741) should you have any questions regarding the foregoing.
Very truly yours, /s/ Michael J. Willisch Michael J. Willisch |
cc: | Santiago Fernández Valbuena – Telefónica, S.A. |