Thursday, October 26, 2017

Telefónica Buoyed by Video and M2M


Telefónica reported a 4% year-on-year increase revenues in the third quarter to 12.75 billion euros on an organic basis, driven by a 3.3% increase in service revenues. Mobile data revenues climbed 16.3% year-on-year in organic terms.

Telefónica reported digital services revenues of 1.3 billion euros for the quarter, as year-on-year growth accelerated sequentially to 8.1% due to the improved revenue performance from video, cloud and M2M.  source: Telefónica statement






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