Previous close | 4.1880 |
Open | 4.1400 |
Bid | 4.2230 x 0 |
Ask | 4.2240 x 0 |
Day's range | 4.1150 - 4.2250 |
52-week range | 3.4860 - 4.3070 |
Volume | |
Avg. volume | 17,369,092 |
Market cap | 23.826B |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.30 (7.16%) |
Ex-dividend date | 18 Jun 2024 |
1y target est | N/A |
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.
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.