Articles tagged with: Portugal Telecom and Deutsche Telekom

Fitch: European High-Grade Telecoms Maintain Good Liquidity

Fitch Ratings says, in report published today, that European high-grade telecom issuers have continued to maintain good liquidity and that their access to capital markets remained relatively healthy during the course of Q109.  more

Related Tags: fitch-ratings, telefonica, telecom-italia, kpn, vodafone, capex, iden, wind, eu

FOCUS: Telefonica Strong Customer Growth Produces An Excellent Quarter

TelefonicaÃ's first quarter numbers contrast sharply with those produced by France Telecom and Deutsche Telekom, both of which were covered in the last issue (117) of The Mobile World Briefing. Those companies struggled to achieve any kind of revenue of profit growth, but Telefonica has, for the 17th successive quarter, produced revenue growth of 7% or better, on an organic basis. That the inorganic growth is just 1.1% (from €13,747m to €13,896m) is neither here nor there, given what happens further down the P&L. A €149m increase in Q1 revenues has been augmented by a €121m reduction in costs and a further €119m fall in the depreciation charge. Thus, Operating Profits emerge at €3,099m, 14.4% up. That emerges as a 17.9% rise at the Pre-Tax level (€2,331m) while after tax and minorities, the gain is 22.4%. With 132m fewer shares in issue, earnings end up 26.2% higher, at €0.33.  more

Related Tags: arpu, o2, telefonica, america-movil, seven, tax, vivo, Spain

France Telecom Reportedly Weighs $54 Billion TeliaSonera Bid

LONDON (Dow Jones) -- France Telecom is considering an all-stock bid for TeliaSonera, Sweden's largest telecommunications company, according to a media report Wednesday.  more

Related Tags: orange, teliasonera, telenor, france-telecom, compete, paris, paris, jordan, Sweden