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Telefonica maintains growth outlook after Q3 sales fall 2.5%

2017-10-26 08:26:00| Telecompaper Headlines

(Telecompaper) Telefonica reported third-quarter revenues down 2.5 percent from a year earlier to EUR 12.754 billion. On an organic basis, revenues rose 4 percent, or 5.3 percent when excluding regulatory effects such as the end to EU roaming rates. Growth in service revenues improved to 3.3 percent year-on-year in organic terms, helped by the return to growth in Spain. 

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