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Telefonica Spain sales up for first time in six years in May

2015-06-15 08:42:00| Telecompaper Headlines

(Telecompaper) Telefonica's domestic revenues rose on an annual basis last month for the first time since 2009, according to the company's chairman Cesar Alierta. Speaking at the company's general shareholders' meeting, Alierta welcomed the upturn in the domestic market following a long-term recession in Spain that hit Telefonica badly, reducing its revenues by 40 percent since 2009. He described 2014 as "a year that marks the culmination of a period of intense transformation and in which we have taken great strides towards becoming a leading digital telco." The announcement of a slight year-on-year rise in monthly revenues comes just after Telefonica increased the monthly tariffs of its popular Movistar Fusion convergent packages by around EUR 5 per month in exchange for improved services.

Tags: in may time years

Airdata challenges Telefonica Germany's merger with E-Plus

2015-06-08 10:23:00| Telecompaper Headlines

(Telecompaper) The proceedings for the approval of Telefonica Germany's takeover of E-Plus might be reopened as new telecom operator Airdata filed a complaint at the European Court of Justice against what it said were inadequate controls by the European Commission. According to Airdata CEO Christian Irmler, the EC should not have approved of the takeover because the commitments made by Telefonica are not enough to pursue vigorous competition. The administrative court in Cologne will deal with this matter on 10 June in a public hearing.

Tags: challenges merger telefonica eplus