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Telefonica cuts dividend as last resort to lowering debt

2016-10-27 08:10:00| Telecompaper Headlines

(Telecompaper) Telefonica has cut its proposed full-year dividend as the operator looks to hold on to cash flow for investments and debt maintenance. The company said it will pay a voluntary stock dividend of EUR 0.35 per share in Q4 plus EUR 0.20 in cash in Q2 2017, compared to a previous forecast of EUR 0.75 per share for this year. In 2017, it plans a cash dividend of EUR 0.40 per share.

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Telefonica reduces dividend as Q3 revenue falls

2016-10-27 02:00:00| Total Telecom industry news

Shareholders miss out as Spanish incumbent decides to pay down debt based on organic cash flow.

Tags: falls revenue reduces dividend

 
 

Telefonica launches big data business

2016-10-21 02:00:00| Total Telecom industry news

Luca to offer big data as a service, consultancy services, and sell anonymous, aggregated data generated by its networks.

Tags: business data big launches

 

Telefonica issues 2bn worth of bonds

2016-10-12 02:00:00| Total Telecom industry news

Spanish incumbent raises fresh capital in wake of failed Telxius IPO.

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Telefonica Brasil CEO quits

2016-10-11 02:00:00| Total Telecom industry news

Eduardo Navarro to replace Amos Genish from January 2017.

Tags: brasil ceo telefonica quits

 

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