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Articles tagged with: Portugal Telecom and O2
Telefonica Gets a Debt Ratings Upgrade
Fitch Ratings has upgraded Telefonica and its subsidiary O2's Long-term Issuer Default ratings (IDRs) to 'A-'(A minus) from 'BBB+', respectively. The agency has simultaneously upgraded Telefonica Finance USA's preference shares to 'BBB+' from 'BBB'. Telefonica's short term rating of F2 is affirmed. more
Related Tags: orange, edge, fitch-ratings, vodafone, telefonica, fitch
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: deutsche-telekom, arpu, telefonica, america-movil, seven, tax, vivo, Spain
Telefónica reiterates position to keep TIM, Vivo separate"
Spain's Telefónica has reiterated its position to keep mobile phone companies TIM Brasil and Vivo separate at least in the medium term, news service Reuters reported Peter Erskine, CEO of Telefónica O2 Europe, as saying. more
Related Tags: signals-telecom-consulting, telecom-italia, tim, tim-brasil
UPDATE: Profit For Spain's Telefonica Rises 8% On Strong Home Market
LONDON (Dow Jones) -- Telefonica, Europe's second-largest telecommunications company, Wednesday posted an 8% rise in quarterly profit, fueled by strong demand for broadband services in Spain and the recent acquisition of Britain's O2. more
Related Tags: citigroup, telecom-italia, kpn, tim, swisscom, police, madrid
MobileWorld's Global Q2 2006 Operator Review
The list of the largest single nation operators is almost the same as it was this time last year. Because the Indian mobile market is still fragmented, no one operator has managed to enter the top ten as the market as a whole did in the league table of markets. more
Related Tags: china-unicom, megafon, teliasonera, docomo, france-telecom, telenor, mts, reliance, turkcell, vimpelcom, kyivstar, cingular, telcel, vivo-participacoes, singapore-telecom