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Tag: telefonica
Telefonica UK bags 1.5bn smart meter deal
2013-08-14 02:00:00| Total Telecom industry news
Government to use operator's cellular network for central, southern regions of smart metering programme; Arqiva also wins chunk of contract.
Abertis buys mobile phone towers from Telefonica, Yoigo
2013-08-02 02:00:00| Total Telecom industry news
$512 million deal expected to close by end of year.
Tags: phone
mobile
mobile phone
buys
BCE Inc. (USA) (BCE), Telefonica S.A. (ADR) (TEF): Foreign Telecoms for Your Portfolio
2013-07-27 08:40:20| Telecom - Topix.net
The shares of numerous European and Canadian telecommunications providers look to have significant upside at their current valuations either for the near term or long term.
Tags: your
usa
foreign
portfolio
Telefonica returns to organic sales growth of 0.5% in Q2
2013-07-25 08:55:00| Telecompaper Headlines
(Telecompaper) Telefonica reported a return to organic revenue growth in the second quarter, while reported results continued lower following a range of divestments. Organic revenue was up 0.5 percent year-on-year, led by the Latin America, where growth accelerated to 10.4 percent. Telefonica's European activities also limited the revenue decline to 8.8 percent year-on-year. OIBDA was still down 0.7 percent on an organic basis, despite a range of cost reductions. On a reported basis, revenues fell 6.8 percent to EUR 14.42 billion, OIBDA declined 9.3 percent to EUR 4.85 billion, and the margin dropped 0.9 percent points from a year earlier to 33.7 percent. Net profit fell 13.1 percent to EUR 1.15 billion. Telefonica finished the quarter with EUR 49.79 billion in net debt, equal to 2.40 times OIBDA. If later disposals are included, such as O2 Ireland, Inversis and 40 percent of the Central America activities, net debt would have been reduced by a further EUR 1.18 billion or 2.36 times OIBDA. The company reiterated its target for debt below EUR 47 billion by year-end and capex around 14 percent of sales this year. In the first half, Telefonica invested EUR 3.90 billion in capex, up 6.7 percent from a year earlier, while operating cash flow fell 18.5 percent to EUR 5.52 billion. The Spanish operator also still expects an increase in full-year organic sales and a small decline in the OIBDa margin this year. |
Tags: sales
returns
growth
organic
Telefonica Q2 net profit drops amid debt-reduction drive
2013-07-25 02:00:00| Total Telecom industry news
Spanish incumbent's debt pile falls to 48.6 billion.
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