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Tag: telefonica
Telefonica Spain sales inch up as OIBDA rises 2% in Q1
2016-04-29 08:25:00| Telecompaper Headlines
(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.13 billion in the first quarter of 2016, up 0.2 percent on an organic basis compared to the year-earlier result of EUR 2.88 billion and the company's third consecutive quarterly growth. The operator said its operating income before depreciation and amortization (OIBDA) came to EUR 1.27 billion, up 2.0 percent compared to a year earlier and the first simultaneous revenue and OIBDA rise since the third quarter of 2008. The company's commercial activity was again driven by its Movistar Fusion+ convergent plans, with new tariffs and price changes mainly affecting fixed broadband services and mobile contract. Total accesses stood at 41.7 million at the end of the quarter, down 2 percent on an organic basis year on year, of which 28.1 million were consumer accesses, also down 2 percent. However, fibre accesses were up 235,000 in the January to March period, taking the fibre base to 2.5 million and representing 41 percent of total fixed broadband accesses, up 15 percentage points in a year.
Telefonica Q1 revenue, earnings hit by currency weakness
2016-04-29 02:00:00| Total Telecom industry news
Spanish incumbent upbeat on underlying growth, but net debt creeps above 50 billion.
Tags: hit
currency
revenue
earnings
Telefonica mulls O2 options as Hutch deal hangs in balance
2016-04-21 02:00:00| Total Telecom industry news
Spanish incumbent reportedly still keen to exit U.K. via sale, or public spinoff.
Tags: options
deal
balance
hangs
Telefonica strikes IPX deal with BICS
2016-04-12 02:00:00| Total Telecom industry news
Deal extends Spanish incumbent's LTE roaming reach by 10%.
Tags: deal
strikes
telefonica
ipx
Telefonica confirms Alvarez-Pallete as chairman and CEO
2016-04-08 14:54:00| Telecompaper Headlines
(Telecompaper) Telefonica announced that its board of directors approved the appointment of Jose Maria Alvarez-Pallete as chairman and chief executive in a meeting that also saw four board members voluntarily step down. The new CEO replaces Cesar Alierta, the longest-serving head of a leading European telecommunications company, who last month announced that he wanted COO Alvarez-Pallete to replace him, describing him as "the executive best prepared to face the newest challenges of the digital market." Alierta will remain on the board and continue as executive chairman of the company's foundation.
Tags: ceo
chairman
confirms
telefonica
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