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General

Telefonica Spain sales inch up as OIBDA rises 2% in Q1

Friday 29 April 2016 | 08:25 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.13 billion in the first quarter of 2016, up 0.2 percent on an organic basis compared to the year-earlier result of EUR 2.88 billion and the company's third consecutive quarterly growth. The operator said its operating income before depreciation and amortization (OIBDA) came to EUR 1.27 billion, up 2.0 percent compared to a year earlier and the first simultaneous revenue and OIBDA rise since the third quarter of 2008. The company's commercial activity was again driven by its Movistar Fusion+ convergent plans, with new

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