|Bid||9.186 x 162400|
|Ask||9.210 x 80000|
|Day's Range||9.123 - 9.224|
|52 Week Range||7.610 - 10.630|
|PE Ratio (TTM)||18.56|
|Dividend & Yield||0.67 (6.27%)|
|1y Target Est||N/A|
Telefonica, the Spanish telecoms giant which has long struggled to gain traction in Mexico, is appealing to Mexican officials for a discount on spectrum payments coming due next year, three people with knowledge of the matter said. Telefonica SA, the No. 2 player in Mexico by mobile market share, must soon pay to renew roughly a third of its spectrum licenses, which are set to expire after 20 years and could cost the company tens of millions of dollars. The company has been lobbying Mexico's Finance Ministry and telecommunications regulator for a break on the licenses, warning that the payment could threaten its place in the market, the people said.
Telefonica (TEF) projects growth prospects in the future through pricing revision, network enhancement, strategic collaborations and continued focus on organic growth.
The frequencies of Mexican national trunking services will be within the spectrum band of 400-450 MHz.