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Tag: telefonica
Telefonica gets ambitious despite revenue, profit slide
2015-02-25 01:00:00| Total Telecom industry news
Spanish telco aims for 7% revenue growth in 2015, Venezuela currency effect hits 2014 numbers.
Tags: profit
revenue
slide
ambitious
Telefonica Germany stabilises revenues in Q4
2015-02-24 11:15:00| Telecompaper Headlines
(Telecompaper) Telefonica Deutschland reported revenue of EUR 5.522 billion for 2014. The figure includes E-Plus, acquired from KPN, from 01 October 2014. On a pro forma combined basis for the full year, 2014 revenues would have been EUR 7.793 billion. In the fourth quarter, total revenue amounted to EUR 2.019 billion, a largely stable performance over the previous year on a like-for-like basis (-0.2%). Fixed revenue reached EUR 274 million (-7.7% year-on-year), an improvement from -9.0% in the third quarter.
Tags: germany
revenues
q4
telefonica
Telefonica M2M programme heads to LatAm
2015-02-18 01:00:00| Total Telecom industry news
Partner ecosystem up and running in Peru, Mexico; four more countries set to follow suit.
Tags: programme
heads
telefonica
m2m
Spain's Telefonica Snags Barcelona Soccer TV Rights
2015-02-17 14:03:51| Telecom - Topix.net
In a deal that gives Telefonica a significant boost in its quest to become Spain's leading television group , the Spanish telecom has bought the TV rights for FC Barcelona matches for one year, ending an eight-year contract between the world-class team and rival media group Mediapro. While no official price tag was disclosed, Spanish reports indicate Telefonica paid $159 million for the one-year contract, which also sees the content branch of Telefonica take over the operation of Barcelona's in-house TV channel.
Tags: rights
barcelona
soccer
telefonica
Telefonica takes EUR 2.84 bln hit due to bolivar devaluation
2015-02-17 08:43:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced that it has cut the value of its net assets in Venezuela by EUR 2.84 billion following last week's effective devaluation of the bolivar of around 70 percent. In a statement to Spain's market regulator CNMV, Telefonica said its profits and balance sheet would be seriously hit by the Venezuelan government's decision to introduce a new free-floating exchange rate. At 31 December, Telefonica valued its assets and income from Venezuela at 50 bolivares to the dollar, using the Sicad 2 exchange rate system, down from 12 bolivares to the dollar previously. As a result of the write-down and the significant amounts of retained profits that Venezuela barred the company from expatriating to Spain, Telefonica said its full-year operating profit would fall by EUR 915 million and net profit by EUR 399 million, while net financial assets in Venezuela would be reduced by EUR 1.23 billion. Although the write-down leaves the company with cash valued at EUR 390 million in Venezuela, future plans to invest in the country wouldn't be affected, added Telefonica. However, the percentage of the company's total revenue coming from Venezuela has been reduced to around 1 percent, compared to 6 percent of Telefonica's total revenue in 2013. Telefonica is due to report its full-year results on 25 February.
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