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Telefonica Q4 sales flat, OIBDA falls 88% on restructuring

2016-02-26 08:12:00| Telecompaper Headlines

(Telecompaper) Telefonica reported fourth-quarter revenues flat at EUR 11.881 billion, as negative currency effects offset growth from the acquisitions of GVT and DTS. OIBDA fell 88.1 percent to EUR 401 million due to restructuring charges. On an organic basis, Telefonica reported revenues down 2.0 percent in Spain, up 2.0 percent in Germany and 3.4 percent higher in Latin America. OIBDA was hut by a total EUR 3.122 billion in restructuring charges, including EUR 2.896 billion in Spain, as well as a contribution to the Telefonica Foundation of EUR 325 million. The net result was a loss of EUR 1.832 billion. Over the full year, Telefonica reported capital expenditure up 10.3 percent to EUR 9.578 billion, of which around EUR 1.6 billion went to spectrum, and the company posted positive operating cash flow of EUR 1.835 billion. Net debt rose by EUR 4.834 billion over the year, mainly due to dividends, capex and spectrum, to a total EUR 49.921 billion at year-end. This resulted in leverage of 2.91 times EBITDA, which the company estimates will fall to 2.31 after the sale of O2 UK. Telefonica expects to resume cash dividends next year at EUR 0.75 per share after the sale of O2. It also forecast for 2016 revenue growth over 4 percent, a stabilisation in the OIBDA margin and capital expenditure (excluding spectrum) at around 17 percent of revenues. 

Tags: sales flat falls restructuring

 

Telefonica swings to Q4 loss on redundancy costs

2016-02-26 01:00:00| Total Telecom industry news

Spanish incumbent reports higher full-year revenue on continued fixed, mobile data uptake.

Tags: costs loss redundancy swings

 
 

Telefonica 'determined' to leverage customer data

2016-02-24 01:00:00| Total Telecom industry news

Cesar Alierta aims to rebalance the value chains of the digital ecosystem; 'it is not difficult,' he says.

Tags: data customer determined leverage

 

Telefonica presents 'pioneering' social TV platform

2016-02-23 10:23:00| Telecompaper Headlines

(Telecompaper) Telefonica has unveiled a service called Social TV at Mobile World Congress, which the company describes as a "pioneering and unique" initiative in the world of television. The service, which is still in beta, will allow users to interact with other people directly on their TV screen without having to connect via other social networks such as Facebook or Twitter. Telefonica said viewers will be able to use Social TV to comment, debate or talk to friends or contacts during any live programme via a conference call and simultaneous chat system.

Tags: social presents platform pioneering

 

Telefonica spins off network assets in new company Telxius

2016-02-10 16:53:00| Telecompaper Headlines

(Telecompaper) Telefonica announced the creation of Telxius, a new company to manage its global infrastructure. Telxius will initially include around 15,000 towers in Spain and other countries, as well as Telefonica's 31,000km of fibre cable, including the SAM-1 cable linking the US and Latin America. Alberto Horcajo has been named CEO of the company, which is aimed at optimising the operator's asset portfolio and improving the return on capital. Telefonica said it may also consider incorporating third-party assets in the company. Over the coming months, a number of newly created companies, including the aforementioned assets, will be gradually integrated into Telxius.

Tags: company network assets telefonica

 

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