About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, February 25, 2011

Telefonica Sees 2% Growth


Telefonica of Madrid, one of the world's largest telecoms companies, said that it expects its group revenues to grow up to 2% in 2011. It also plans to increase capex to about 9 billion euros in 2011 from 8.54 billion euros in 2010.

In 2010, Telefonica's revenue grew 2.4% on a like-for-like basis to 60.74 billion euros, lifted by 2.7% organic growth in Latin America and a 19.3% increase in mobile data revenues to 9.3 billion euros. source: Telefonica statement

No comments:

WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE