|Bid||7.29 x 700000|
|Ask||7.29 x 700000|
|Day's Range||7.27 - 7.28|
|52 Week Range||6.60 - 8.04|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||11.92|
|Forward Dividend & Yield||0.40 (5.53%)|
|1y Target Est||N/A|
It will be much harder for El Salvador's prison population, including gang leaders, to communicate with those on the outside after the government on Friday ordered mobile telephone service providers to disable their signals in the facilities. The decision by President Nayib Bukele, who took office earlier this month, is aimed at reducing the country's high murder rate and other violent crimes, which he says are often ordered by those behind bars. The country's mobile telephone providers, including Claro, Tigo, Digicel and Telefonica have 72 hours to comply with the order, Bukele said in a post on Twitter.
Can Nokia Capitalize on Huawei’s Plight in Canada?(Continued from Prior Part)Nokia to help improve Telefónica network for video trafficTelefónica Spain recently adopted Nokia’s (NOK) Deepfield Cloud Intelligence for greater visibility into
El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again. In January, Spain's Telefonica reached a deal to sell operations in Guatemala and El Salvador to America Movil. In a statement on Tuesday, the Superintendence of Competition (SC) said the bid by America Movil, which is controlled by the Slim family, was "inadmissible" and that the company had been informed of the decision dated April 29.
El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did ...
Spain's Telefonica is reviewing a U.S. order which hit Chinese telecoms giant Huawei with severe sanctions, to see if it will affect its customers, a spokeswoman for the group said on Monday. "We are reviewing the details of the executive order to understand any potential implications for our customers," the spokeswoman said. The executive order, which was announced on Wednesday, barred Huawei from acquiring components and technology from U.S. firms without government approval.
Telefonica SA is illustrating why. The former Spanish national carrier is midway through a digital transformation program, and has succeeded in realizing almost two thirds of the 1 billion euros ($1.1 billion) in savings it’s targeting by the end of next year. Digitization can only take you so far.
Spain's Telefonica expects improvements in its home market, service revenues and more efficient use of digital technology to help boost earnings growth and meet full-year guidance, the company said on Friday. Large telecoms operators across Europe are battling to maintain growth in the face of strong competition from low-cost rivals, while at the same time investing heavily in next-generation mobile networks and fibre broadband. Telefonica said its revenue growth trend improved in the first quarter.
Key InsightsTelefonica Chairman Jose Maria Alvarez-Pallete is pushing artificial intelligence and other technology throughout the company’s networks to cut costs and improve efficiencies. Oibda was negatively impacted by poor performance in the embattled Mexican unit, where it declined 46 percent in the quarterNet debt is set to drop to 38.7 billion euros after Telefonica receives proceeds from asset sales. Telefonica, which long faced investor concerns about its debt, may now have financial flexibility to pursue acquisitions for growth.
Telefonica SA’s local unit is at particular risk of losing out. The Spanish carrier is bidding alongside Deutsche Telekom AG, Vodafone Group Plc and 1&1 Drillisch AG in the auction for 5G spectrum: the radio bandwidths for next-generation telecommunications. The unbalanced distribution of the spectrum from the auction so far suggests it has some way to go, according to Bloomberg Intelligence analyst Erhan Gurses.
After faring far better than the broader stock market during the sharp sell-off in late 2018, the Morningstar Global Communications Index has increased only about 10% so far during the first quarter, similar to the 11% return of the market in the same period. Despite this rocky performance, we continue to believe that Europe offers a particularly attractive hunting ground for value within our telecom coverage. Excitement around 5G wireless technology has steadily built in recent months, with the first 5G-capable mobile devices hitting the market and initial in-home wireless broadband trials, notably at Verizon, ramping up.
Telefonica TEF is the incumbent telephone operator in Spain and, along with America Movil AMOV / AMX , it is one of two dominant operators in Latin America. Thanks to its acquisition of E-Plus in Germany, it is the largest wireless operator by number of subscribers in the country. It is also the second-largest wireless operator in the United Kingdom.
Spanish telecommunications group Telefonica said on Monday that it was launching open-access, wholesale broadband mobile internet service in Peru aimed at expanding coverage in rural areas. The operator, Internet para Todos Peru (IpT), will also be backed by Facebook, the private investment arm of the Inter-American Development Bank and the Development Bank of Latin America, Telefonica said. Telefonica, the largest internet provider in Peru, said that if successful, the project's business model can be replicated across Latin America to deliver mobile broadband to millions of people who live in remote areas.
Spanish telecoms operator Telefonica has failed to help rivals enter the German mobile market, breaking a promise made five years ago in return for regulatory approval of its E-Plus deal, EU antitrust regulators said on Friday. European Competition Commissioner Margrethe Vestager has taken a tough line against companies breaching procedural rules or pledges and levied million-euro fines against companies including Facebook in recent years. The European Commission on Friday said it had sent a statement of objections, or charge sheet, to Telefonica, giving the company until April 5 to respond.
FRANKFURT/PARIS/MADRID (Reuters) - Continental Europe's three biggest telecoms groups expect only modest profit growth this year as they face relentless competition in their home markets and investments in next-generation mobile networks and fibre broadband. Deutsche Telekom, Orange and Telefonica forecast core profit growth of up to 3 percent for 2019, a year when costly 5G auctions will take place while mergers that could ease competition remain a distant prospect. Germany's Deutsche Telekom operates in an easier domestic mobile market, with three players instead of four, but is spending on broadband fibre to combat strong cable competitors.
Telefonica, long the poor relation among the former national carriers, provided the only bright spot, forecasting growing profit and sales this year where analysts had expected stagnation and a decline respectively. Were it not for Britain’s planned departure from the European Union, Telefonica would have likely carried out an initial public offering of its U.K. business O2 at some stage over the past two years, reducing its contribution to earnings.
Spanish telecoms group Telefonica expects 2 percent organic growth in revenue and core profit and to make savings this year after underlying revenue rose in 2018. Chief Executive Jose Maria Alvarez Pallete said 2018 results, along with "remarkable operating momentum in the initial months of 2019, allow us to announce with confidence our 2019 targets", as well as a 0.40 euro cash dividend. The targets imply revenue and core profit growth, stripping out currency effects and other one-offs, will be close to or slightly lower than the 2.4 percent and 3.5 percent registered in 2018.
Feb.25 -- Jose Maria Alvarez-Pallete, chief executive officer of Telefonica SA, discusses Huawei Technologies Co.'s role in Europe's 5G infrastructure as the region's CEOs push back against U.S. demands to ban Huawei which it accuses of enabling Chinese espionage. He also comments on Brexit contingency plans and deleveraging in an interview with Bloomberg's Nejra Cehic at the Mobile World Congress in Barcelona.