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Telefonica profits fall on restructuring costs, revenue still up 1.7%

2019-11-05 08:49:00| Telecompaper Headlines

(Telecompaper) Telefonica saw its revenue growth strengthen to 1.7 percent in the third quarter to EUR 11.9 billion, thanks to improved sales in Spain and Brazil and solid growth in the UK and Germany. However, the company's net result moved to a loss of EUR 443 million, due to restructuring charges of EUR 1.88 billion, mainly in Spain. 

Tags: up fall costs revenue

 

Telefonica Germany signs wholesale pact with Tele Columbus to offer O2 products on network

2019-10-30 15:10:00| Telecompaper Headlines

(Telecompaper) Tele Columbus will open its network of around 2.3 million connected households to Telefonica. Through the agreement, Telefonica will supply customers connection at up to 1 Gbps in the future.  

Tags: products offer network germany

 
 

Telefonica launches new AI-powered services at innovation day

2019-10-16 15:55:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced the launch of new corporate products and services based on big data and artificial intelligence (AI) technology at the third edition of its LUCA Innovation Day held in Madrid. The company unveiled a new platform called Movistar Living Apps, allowing companies and organisations to create unique experiences for customers using Telefonica devices in their living rooms under a HaaC (Home as a Computer) model.

Tags: day services innovation launches

 

Telefonica CTIO: We need a multi-vendor approach to Standalone 5G particularly in the core

2019-10-15 02:00:00| Total Telecom industry news

Standalone 5G must be built with a relentless focus on resiliency, near 100% reliability and security, in order to drive the evolution of a truly connected society…read more on TotalTele.com »

Tags: in the approach core

 

Telefonica in talks with TIM and Claro to buy Oi - report

2019-10-08 19:35:00| Telecompaper Headlines

(Telecompaper) Spanish operator Telefonica is negotiating an agreement with its two main rivals in the Brazilian market, America Movil and TIM, to jointly purchase the assets of Oi, sources close to the process told Spanish daily Expansion. The idea is to jointly buy the Brazilian operator and then distribute the assets. Telefonica may also try to reach an agreement only with TIM, since the advantages of the purchase for both are greater than in the case of America Movil, which recently acquired Nextel Brasil and its frequency spectrum. 

Tags: report buy tim talks

 

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