Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Telefonica's sale of stakes in its fibre optic network in Peru to private equity fund KKR and Chilean telecom firm Entel announced in July 2023 fell through, Entel said in a filing to the regulator on Thursday.
The Greater Miami Chamber of Commerce selects TEF to enhance its cyber defenses and stay ahead of evolving cyber threats.
Telefonica Germany and Amazon Web Services (AWS) are working on a pilot to test quantum technologies in the telecom operator's mobile network, executives from the two companies said.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Spanish telecoms company Telefonica said on Wednesday that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) had ordered the Colombian government to pay it $380 million as part of an arbitration process.
TEF's Q3 2024 performance is affected by forex headwinds amid strength in Telefonica Tech and Telefonica Infra business units.
Telefonica S.A.'s Q3 earnings show a 3% y/y decline in sales, with significant revenue drops in Brazil and Hispam due to currency depreciation and competitive pressures. The company's high debt load (€32B long-term, €6B short-term) is concerning, though it has decent free cash flow and cash reserves to cover obligations. Telefonica Tech's growth in digital solutions, with a 9.5% y/y increase, offers potential for future revenue diversification and top-line improvement.
Telefónica, S.A. (NYSE:TEF ) Q3 2024 Earnings Conference Call November 7, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman & CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Conference Call Participants Ondrej Cabejsek - UBS Mathieu Robilliard - Barclays Luigi Minerva - HSBC Fernando Cordero - Banco Santander Keval Khiroya - Deutsche Bank James Ratzer - New Street Research Joshua Mills - BNP Exane Operator Good morning.
Brazil's Telefonica reported on Tuesday a 13% increase in net profit for the third quarter compared to the same period last year.
Focus on operational efficiency, strategic collaborations and investments bode well for TEF. Huge debt and dynamic macro conditions remain headwinds.
Strategic investments in network expansion and operational efficiency bode well for Telefonica amid increasing competition and FX volatility.