Previous Close | 4.0890 |
Open | 0.0000 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 0.0000 - 0.0000 |
52 Week Range | |
Volume | |
Avg. Volume | 14,188,771 |
Market Cap | 23.514B |
Beta (5Y Monthly) | 0.69 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.30 (7.34%) |
Ex-Dividend Date | Jun 18, 2024 |
1y Target Est | N/A |
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Spain will complete its planned acquisition of a 10% stake in telecoms giant Telefonica as soon as possible, but will build up to it so as to not impact the share price, government spokesperson Pilar Alegria said on Tuesday. Last December, the government decided to enter the company as a counterbalance to the acquisition of a stake in Telefonica by Saudi Arabia's STC. On Monday, state holding company SEPI said it had bought an initial 3% stake.
Spain's High Court has ordered the suspension of messaging app Telegram's services in the country after media companies complained it was allowing users to upload their content without permission, according to a court source. The use of Telegram in Spain will be temporarily suspended from Monday after a request by media firms including Atresmedia , EGEDA, Mediaset and Telefonica. Judge Santiago Pedraz agreed to block Telegram's services in Spain while the claims are investigated.
Swisscom's agreement to buy Vodafone Italia for 8 billion euros ($8.7 billion) is the latest attempt by a European telecom company to boost its prospects through consolidation, divesting assets, or selling stakes to investors. Weighed down by billions of euros of debt, European telecom companies operate in small, highly competitive markets, unlike their peers in other regions, making it difficult for them to find growth. European telcos have for years fought regulatory hurdles that prevent mergers.