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General

Telefonica Spain improves revenue fall to 4.9% in Q4

Wednesday 25 February 2015 | 09:55 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.04 billion in the fourth quarter of 2014, down 4.9 percent on the year-earlier result but an improvement on revenue falls of 6.6 percent and 9.1 percent in the previous two quarters. The company attributed the gradual recovery to a more favourable macroeconomic and competitive environment and a more stable high-value customer base, underpinned by the growing penetration of fibre, TV and 4G services. The company's operating income before depreciation and amortization (OIBDA) for the October-December period fell 3.3

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Categories: General
Companies: Movistar / Telefonica / Telefonica Espana
Countries: Spain
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