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Mexico imposes record fine on Telefonica
2015-11-10 01:00:00| Total Telecom industry news
Operator ordered to pay 22.8 million for failing to meet minimum call quality rules.
Tags: record
fine
mexico
imposes
Telefonica Spain improves sales for first time since 2008
2015-11-06 09:23:00| Telecompaper Headlines
(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported third-quarter revenues up 0.2 percent year on year to EUR 2.998 billion, the first quarterly growth in seven years, boosted by the 126,000 new subscribers to its Movistar Fusion convergent package over the July to September period. Telefonica said the ongoing recovery of its domestic business was driven by an increase in higher value customer segments due above all to an improvement in private consumption. The company's operating income before depreciation and amortization (OIBDA) came in at EUR 1.335 billion, down 2.9 percent year-on-year on organic terms, which Telefonica attributed to the increase in TV content acquisition costs. CapEx for the quarter amounted to EUR 1.310 billion, up 10.4 percent due to Telefonica's accelerated rollout of its fibre and 4G networks in Spain. Retail fixed telephony accesses fell by 5.0 percent to 10.06 million, although the company was keen to emphasise a 1 percent year-on-year growth in retail fixed broadband accesses to 5.9 million. Telefonica's total mobile accesses in Spain fell 3 percent year-on-year to 17.3 million, a similar result to the previous quarter, with the contract segment rising 3.4 percent in the three months to September and accounting for 83.3 percent of the total.
Telefonica grows in Spain, Germany as Brazil market slow
2015-11-06 08:42:00| Telecompaper Headlines
(Telecompaper) Telefonica reported third-quarter revenues up 10.8 percent year-on-year to EUR 11.919 billion, as a return to growth in Spain and the takeover in Germany helped offset slowing growth in Brazil. Revenue in its home market increased 0.2 percent to EUR 2.998 billion, the first growth in seven years. Latin America sales rose 8.9 percent to EUR 3.634 billion, but Brazil declined 5.5 percent to EUR 2.736 billion. Germany also contributed to growth after the takeover of E-Plus, with revenue there up 62.4 percent to EUR 1.979 billion. The synergies in Germany helped OIBDA at Telefonica increase 2.9 percent to EUR 3.693 billion. On an organic basis, both the group's revenue and OIBDA rose 4.8 percent in Q3. Net profit was still down 1.6 percent to EUR 884 million. In the year to date, capital expenditure rose 8.8 percent to EUR 7.101 billion, while operating cash flow was down 1.3 percent to EUR 3.912 billion. Net debt was reduced by EUR 1.547 billion in the quarter to EUR 49.691 billion, bringing leverage to 2.84x EBITDA. Assuming the sale of O2 Uk goes ahead, leverage would be 2.32x EBITDA, within the company's year-end target of 2.35x. Telefonica also maintained its other targets for the year, for revenue growth of over 9.5 percent, after 13.5 percent in the first nine months, and a drop of no more than 1.2 percent points in the adjusted OIBDA margin. In the first nine months, the margin was down 1.3 points.
Tags: market
germany
spain
brazil
Eurobites: Telefonica Fined Over Access Charges
2015-10-15 19:34:44| Telecom - Topix.net
Also in today's EMEA regional roundup: Deezer goes for IPO; Brussels approves Intel/Altera deal; Ericsson spreads mobile coverage in Benin. Telefonica has been fined 5 million by Spain's antitrust authority for overcharging its rivals for access to its Ethernet network, reports Reuters .
Tags: access
charges
telefonica
fined
Telefonica fined EUR 5 mln for Spanish wholesale practices
2015-10-15 09:56:00| Telecompaper Headlines
(Telecompaper) Telefonica has been fined EUR 5 million by communications regulator CNMC for repeated breaches relating to the lease of its last mile fixed backbone network to rival operators. Specifically, the CNMC accused Telefonica of failing to heed orders to provide guaranteed and fully symmetrical access to its high-capacity Ethernet circuits, especially with regard to broadband services offered by alternative operators to the business segment (large companies, SMEs and freelancers). According to the regulator, Telefonica overcharged its rivals, applied illegal permanence clauses and exceeded the established delivery times. The breaches took place between October 2010 and February 2015 and affected several operators, including BT, Vodafone and Jazztel.
Tags: eur
spanish
practices
wholesale
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