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General

Telefonica Infra sales up 2% to EUR 194 mln in Q3, passes 26,500 towers

Thursday 29 October 2020 | 14:55 CET | News
The Telefonica group's Telefonica Infra unit reported third-quarter revenues up 2.0 percent year on year on an organic basis to EUR 194 million due to higher co-location revenue and increased towers assets in Latin America and Germany. Operating income before depreciation and amortisation (OIBDA) came to EUR 121 million in the July to September period, up 0.3 percent year on year on an organic basis thanks to growth in the tower business that offset the reduction in revenues in the cable business, supported by OpEx savings. The unit comprises Telefonica's stakes in communications towers and

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Categories: General
Companies: Telefonica / Telxius
Countries: Spain / World
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