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General

Telefonica Spain Q4 sales down 11.9 percent to EUR 3.2 bln

Thursday 27 February 2014 | 10:55 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported sales of EUR 3.20 billion in the fourth quarter of 2013, a year-on-year decline of 11.9 percent, which the company partly attributed to the sharp drop in revenues from handset sales. However, Telefonica stressed that revenues continued to stabilise their year-on-year trend and commercial activity showed a significant improvement in the fourth quarter due to a better overall performance in the fixed segment and the ongoing success of its Movistar Fusion convergent offer in what remained a highly competitive market. The company's operating

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