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General

Telefonica Germany revenue weakens in Q3

Wednesday 26 October 2016 | 11:04 CET | News
The third-quarter results for Telefonica Germany show a 5.2 percent drop in revenue compared to the same period last year. The company recorded total revenue of EUR 1.8 billion in the third quarter of 2016 and EUR 5.6 billion in the year to date. Telefonica pointed to weakened mobile revenue and slowing handset sales as major contributing factors to the decrease in revenue. Compared to Q3 2015, mobile revenue dropped by 1.8 percent for a total of EUR 1.4 billion in the quarter.

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Categories: General
Companies: E-Plus / Telefonica Germany
Countries: Germany
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