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Telefonica sells German retail outlets to Drillisch

2015-05-27 02:00:00| Total Telecom industry news

Drillisch aims to expand its market position with acquisition of retail footprint; gets go-ahead for stake sale to United Internet.

Tags: german retail sells outlets

 

Telefonica CentAm introduces data roaming at local rates

2015-05-22 10:41:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced that its Central American customers will now be able to access data roaming at no additional cost in all countries in the region under a new service dubbed 'Movistar Sin Fronteras'. The regional data roaming service is available to all prepay and postpay consumer and business users in Costa Rica, El Salvador, Panama, Guatemala, Mexico and Venezuela. Any excess data consumed outside the user's country will also be charged at local rates. The company's move means that customers travelling throughout the region will be able to make calls using their data bundles via OTT apps such as WhatsApp and Viber.

Tags: data local rates introduces

 
 

Telefonica to invest USD 200 mln in new innovation platform

2015-05-18 13:57:00| Telecompaper Headlines

(Telecompaper) Telefonica and seed investor Coral Group have joined forces to create an investment platform aimed at accelerating the development of innovative products and initiatives for the operator's customers in Europe and Latin America. Under the terms of the strategic partnership Telefonica will invest USD 200 million in Coral's Communications Investment Platform (CIP) via its Open Future programme. Telefonica said its investment in CIP would help it to form "innovation factories" to accelerate the creation of new and disruptive technologies for its 320 million customers. The partners added that they are looking to expand the reach of the CIP with up to four additional communication service providers around the world, ultimately investing up to USD 1 billion in new technologies and services to reach 1-2 billion customers.

Tags: usd platform innovation invest

 

Telefonica Q1 sales up 12.6% on growth in Brazil, Germany

2015-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Telefonica reported an improvement in first-quarter results with revenues up 12.6 percent to EUR 11.543 billion. Organic growth of 3.3 percent was supported by better results in Brazil, the takeover of E-Plus in Germany and improving trends in Spain. The drop in sales in Spain slowed to 3.8 percent in the first quarter, while Germany grew by 2.9 percent, Brasil was up 4.3 percent and the rest of Latin American advanced 9.7 percent on an organic basis. Telefonica's OIBDA rose 7.7 percent to EUR 3.618 billion,led by 14.5 percent organic growth in Latin America and a 9 percent pro forma increase in Germany. The OIBDA margin was still down 0.3 percent points to 31.3 percent. Net profit jumped to EUR 1.802 billion from EUR 688 million a year ago thanks to a valuation gain of EUR 1.185 billion on deferred tax assets at the O2 UK operations up for sale. Telefonica increased capital expenditure by 25.8 percent to EUR 1.682 billion, and operating cash flow fell 4.2 percent to EUR 1.937 billion. Net debt was up by EUR 540 million from the end of 2014 to EUR 45.627 billion, equal to 2.73 times EBITDA for the past 12 months. The operator said it had entered a new cycle of organic growth as all businesses were gaining customers, sales and OIBDA, apart from Spain, which had at least returned to customer growth. Telefonica maintained its outlook for over 7 percent revenue growth this year, a drop of no more than 1 percent in the EBITDA margin and accelerating capex to around 17 percent of revenue. 

Tags: sales germany growth brazil

 

Telefonica Spain sales down 3.8%, fibre clients double YoY

2015-05-14 08:26:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) sustained its recent trend of year-on-year revenue recovery in the first quarter of 2015, reporting sales of EUR 2.88 billion, down 3.8 percent on last year's result of EUR 2.99 billion but an improvement on falls of 4.9 percent, 6.6 percent and 9.1 percent in previous quarters. The company said the ongoing recovery was due to a 1.2 percent rise in connections in the quarter, led by a year-on-year doubling of fibre customers to 1.6 million, the highest level in Europe, as well as improved churn in all services. Telefonica chairman Cesar Alierta welcomed the results, saying the year-on-year increase in accesses would gradually translate into growth in financials. The company's operating income before depreciation and amortization (OIBDA) for the January-March period fell 8.6 percent from a year earlier to EUR 1.28 billion, impacted by a drop in handset sales and an ongoing commercial effort, while the OIBDA margin dipped to 44.4 percent. CapEx for the quarter amounted to EUR 414 million, up 55.0 percent from the year-earlier EUR 267 million, reflecting the company's accelerated rollout of its fibre and 4G networks.

Tags: sales double spain clients

 

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