Previous close | 4.5600 |
Open | 4.4900 |
Bid | 4.4500 x 1000 |
Ask | 4.4600 x 21500 |
Day's range | 4.4300 - 4.5100 |
52-week range | 3.7200 - 4.5900 |
Volume | |
Avg. volume | 718,259 |
Market cap | 25.389B |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.32 (7.28%) |
Ex-dividend date | 12 Dec 2023 |
1y target est | N/A |
Spanish telecom company Telefonica's first-quarter net profit rose a higher-than-expected 79% on higher revenues. The company said it booked a net profit of 532 million euros ($571.47 million) in the first quarter out of revenues of 10.14 billion euros. Analysts expected a net profit of 388 million euros out of 10.07 billion revenues, according to a consensus provided by Telefonica.
STOCKHOLM (Reuters) -Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move by the U.S. online retailer to break into the global telecoms market. While some telecom networks have moved IT and other non-core operations to the public cloud, the move by the subsidiary of Spanish group Telefonica is a global first where an existing mobile operator is switching its core network to a public cloud. Big cloud-computing services firms such as Amazon and Microsoft have been trying to move more into the telecoms sector, lured by billions of dollars in potential revenue, but operators have been wary of the capability of public clouds in handling a mobile network.
Telefonica, Telenor and Vivendi are part of the Zacks Industry Outlook article.