3.68-0.02 (-0.59%)
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Prev Close3.70
Bid0.00 x 67000
Ask0.00 x 67000
52wk Range3.37 - 5.88
Day's Range3.66 - 3.68
Avg Vol (3m)265
As of 2:01 AM EDT. Berlin Delayed Price. Market open.
  • Reuters3 months ago

    Telefonica Deutschland Q1 OIBDA down on integration, marketing costs

    Telefonica Deutschland said on Thursday its core profit dropped in the first quarter as a result of integration and marketing costs, while mobile service revenues were down. Telefonica Deutschland said it had stepped up its marketing campaign to promote its O2 brand in Germany and that it booked 23 million euros in restructuring costs for the integration of E-Plus, which it bought from KPN for 8.6 billion euros in 2014. The telecoms operator said it still expected OIBDA to rise by a low to medium single-digit percentage in 2016, while mobile service revenues, which dropped 1.3 percent in the first quarter, are expected to be stable or slightly lower.

  • Bloomberglast year

    Deutsche Telekom Takes On 7,700 Telefonica German Mobile Towers

    Telefonica Deutschland Holding AG agreed to transfer 7,700 mobile-tower sites to Deutsche Telekom AG as it cuts back redundant infrastructure following the takeover of rival carrier E-Plus. The transfer “realizes a part of the announced synergies” following the completion of the E-Plus acquisition last October, according to a statement Monday.