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Telefonica Infra revenues down 6% to EUR 207 mln in Q1, tops 20,000 towers

Thursday 7 May 2020 | 10:58 CET | News
The Telefonica group's newly-created Telefonica Infra unit, comprising its stakes in communications towers and other telecommunications infrastructure vehicles, above all its 50.01 percent stake in Telxius, reported first quarter revenues down 5.7 percent year on year to EUR 207 million compared to EUR 219 million a year earlier. The company said revenues were up 6.8 percent compared to the previous quarter and grew 5.8 percent year on year excluding the exceptional sale of capacity on its Marea cable in Q1 2019. Operating income before depreciation and amortisation (OIBDA) came in at EUR 135

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Categories: Fixed
Companies: Telefonica / Telxius
Countries: World
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