Telefónica, S.A. (TEF)
Pre-market:
| Previous close | 4.4400 |
| Open | 4.4800 |
| Bid | 0.0000 x 21500 |
| Ask | 4.4400 x 3200 |
| Day's range | 4.4300 - 4.4950 |
| 52-week range | 3.7200 - 4.5900 |
| Volume | |
| Avg. volume | 716,243 |
| Market cap | 25.205B |
| 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 |
- Reuters
Telefonica tops forecast with 79% surge in Q1 profit
Spain's Telefonica beat forecasts with a 79% surge in first-quarter net profit on Thursday as higher fees boosted revenues, costs fell on job cuts in Spain and lower energy prices, and its low-margin handsets business shrank. The telecoms company was able to raise fees on the back of inflation in Spain, Brazil and most of Latin America, and so benefit fully from lower energy prices, Chief Operating Officer Angel Vila told Reuters. Telefonica made a net profit of 532 million euros ($571 million) in the quarter on revenues of 10.14 billion euros.
- Reuters
Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
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.
- Zacks
Zacks Industry Outlook Highlights Telefonica, Telenor and Vivendi
Telefonica, Telenor and Vivendi are part of the Zacks Industry Outlook article.
