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Telefonica Germany grows Q3 revenue and profits slightly, mobile postpaid base up 5%

2020-10-28 10:07:00| Telecompaper Headlines

(Telecompaper) Telefonica Germany saw its revenues increase by 0.4 percent year-on-year in Q3 2020 to EUR 1.87 billion thanks to high customer interest, especially in mobile tariffs of the core brand O2 and fixed-network offers, and with sustained trends in mobile service revenue (MSR) and fixed revenue. Operating profit before depreciation and amortisation (OIBDA) rose OIBDA rose by 0.8 percent to EUR 595 million.

Tags: up mobile germany base

 

Telefonica rolls out EUR 7 a month e-health service

2020-10-21 15:43:00| Telecompaper Headlines

(Telecompaper) Telefonica said its new telemedicine service for Spanish users is now available at prices starting at EUR 7 a month. First unveiled at the start of the month, the service is dubbed 'Movistar Salud' and is designed to give people from all over Spain, even those living in remote areas, access to health professionals from the comfort of their homes. Users will be connected to a primary care doctor 24 hours a day, 7 days a week, for EUR 6.95 a month for an individual subscription and EUR 10.95 a month for a basic family subscription, plus a one-off EUR 10 activation fee.

Tags: service month eur rolls

 
 

Telefonica creates TGS unit for international, wholesale and roaming business

2020-10-13 13:59:00| Telecompaper Headlines

(Telecompaper) Telefonica said it has created a new unit encompassing its wholesale, roaming and multinational businesses. The unit is called Telefonica Global Solutions (TGS) and is designed to serve the company's most global customers, a transformation aligned with the wide-ranging 5-point restructuring plan announced last November to generate more than EUR 2 billion a year in additional revenues from 2022 onwards.

Tags: business international unit wholesale

 

Telefonica in talks to raise EUR 5 bln for German fibre expansion - report

2020-10-12 10:26:00| Telecompaper Headlines

(Telecompaper) Telefonica is in talks with lenders and investors to receive EUR 5 billion for fibre expansion in Germany, Reuters reports, citing sources. Banks would lend two thirds of the money and the rest would be equity, including from an investor now holding exclusive talks with Telefonica. The company will invest the cash in fibre projects one step at a time. Telefonica Germany could take a passive equity stake in the new infrastructure unit responsible for fibre expansion, the report added, and could become an anchor customer.

Tags: report eur german expansion

 

Telefonica raising 5bn for German FTTH network

2020-10-12 02:00:00| Total Telecom industry news

Telefonica is making a renewed push for the German fixed broadband market, on Friday announcing that its infrastructure arm is in negotiations to raise around €5 billion by the end of the month to invest in fibre-to-the-home (FTTH). The funding is reportedly being discussed with a number of banks, who are set to lend around two-thirds of the sum…read more on TotalTele.com »

Tags: network german raising telefonica

 

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