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Tag: telefonica
Telefonica joins EU cyber security push
2016-08-03 02:00:00| Total Telecom industry news
Joint initiative aimed at stimulating 1.8 billion of investment in cyber security research.
Tags: security
push
cyber
joins
Nokia extends Telefonica Germany managed services deal
2016-08-02 02:00:00| Total Telecom industry news
Finnish vendor to provide range of network management and support services covering telco's fixed and mobile infrastructure.
Tags: services
germany
deal
managed
Telefonica organic growth slows in Q2
2016-07-28 07:59:00| Telecompaper Headlines
(Telecompaper) Telefonica reported a fall in second-quarter results, hurt by negative currency effects, while underlying growth slowed from Q1. Revenues dropped 7.7 percent to EUR 12.723 billion, and OIBDA fell 7.1 percent to EUR 3.918 billion. On an organic basis, the company reversed the growth of the first quarter and saw a 0.2 percent fall in revenues, and OIBDA organic growth slowed to 0.8 percent from 3.1 percent in Q1. The OIBDA margin rose to 30.8 percent from 30.5 a year ago. Net profit more than halved, to EUR 693 million from EUR 1.556 billion. The weaker growth was apparent in all of Telefonica's European markets, where it has started to consolidate O2 UK again, as well as some Latin American markets. Total service revenue was up 1.5 percent year-on-year on an organic basis, led by a 16 percent increase in non-SMS mobile data revenues. Mobile data traffic rose 50 percent year-on-year, driven by more LTE customers, which now make up 19 percent of the total mobile base.
Tags: growth
organic
q2
telefonica
Telefonica posts 1H revenue, earnings growth
2016-07-28 02:00:00| Total Telecom industry news
Spanish telco confirms 2016 guidance, including 0.75-per-share dividend.
Tags: posts
growth
revenue
earnings
Telefonica promotes CFO Mark Evans to CEO at O2 UK
2016-07-15 12:13:00| Telecompaper Headlines
(Telecompaper) Telefonica UK (O2) has confirmed that Chief Financial Officer (CFO) Mark Evans has been appointed as CEO to take over from Ronan Dunne on 01 August. He will also join the Telefonica Executive Committee. Dunne has been CEO of Telefonica UK since January 2008, and indicated in September 2015 that he planned to step down from the UK Board and Telefonica Executive Committee. He will step down from the Board on 31 July, but continue to support the business until September. Evans also manages the giffgaff brand, which is a wholly owned subsidiary of Telefonica, and is Chairman of Tesco Mobile.
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