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Telefonica Spain sales down 3.8%, fibre clients double YoY

2015-05-14 08:26:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) sustained its recent trend of year-on-year revenue recovery in the first quarter of 2015, reporting sales of EUR 2.88 billion, down 3.8 percent on last year's result of EUR 2.99 billion but an improvement on falls of 4.9 percent, 6.6 percent and 9.1 percent in previous quarters. The company said the ongoing recovery was due to a 1.2 percent rise in connections in the quarter, led by a year-on-year doubling of fibre customers to 1.6 million, the highest level in Europe, as well as improved churn in all services. Telefonica chairman Cesar Alierta welcomed the results, saying the year-on-year increase in accesses would gradually translate into growth in financials. The company's operating income before depreciation and amortization (OIBDA) for the January-March period fell 8.6 percent from a year earlier to EUR 1.28 billion, impacted by a drop in handset sales and an ongoing commercial effort, while the OIBDA margin dipped to 44.4 percent. CapEx for the quarter amounted to EUR 414 million, up 55.0 percent from the year-earlier EUR 267 million, reflecting the company's accelerated rollout of its fibre and 4G networks.

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VanDeMark Chemical Appoints James Romano as Vice President of Global Sales & Business ...

2015-05-14 07:00:00| Coatings World Breaking News

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Durst taps Printronics for press sales in India

2015-05-14 07:00:00| Label and Narrow Web Breaking News

Since its launch in 2013, Durst's Tau 330 has been installed in more than 50 locations worldwide.

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Maroon Group Promotes Scott Norton to Sales Manager

2015-05-14 07:00:00| Coatings World Breaking News

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Editors Notebook: Haig Report Confident in Profitable Used Sales, Why Auction Direct USA Entered CPO

2015-05-14 01:25:22| AutomotiveDigest.com - Automotive Industry News

By Jon LeSage, Editor, Used Car Market Reports Heres a few significant remarketing news developments during the past week: While the higher supply of used vehicles is something to watch, Haig Partners isnt too worried. A higher supply should help boost dealer profits since, for some franchises, there is more profit in used cars than […] The Article Editors Notebook: Haig Report Confident in Profitable Used Sales, Why Auction Direct USA Entered CPO appeared first on Automotive Digest.

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