|Bid||4.5600 x 1000|
|Ask||4.5700 x 28000|
|Day's range||4.5687 - 4.6000|
|52-week range||3.2200 - 5.1700|
|Beta (5Y monthly)||1.08|
|PE ratio (TTM)||11.59|
|Forward dividend & yield||0.48 (10.28%)|
|Ex-dividend date||01 Jun 2021|
|1y target est||6.21|
Strategic mergers and acquisitions, rising customer base and growth-focused investments on the back of an expanded network footprint aid Telefonica's (TEF) second-quarter 2021 results.
Image source: The Motley Fool. Telefonica SA (NYSE: TEF)Q2 2021 Earnings CallJul 29, 2021, 4:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.
Telefonica said it sees opportunity in Britain's network upgrade to fibre from cable led by its newly-formed UK joint venture, after the Spanish telecoms group raised its annual outlook and posted a record quarterly net profit. Britain's low fibre penetration - around 20% compared to 80% of premises in Spain - as well as its favourable regulatory scheme means that "the time to act is now", Telefonica Chief Operating Officer Angel Vila told investors on Thursday. "Upgrading the network would very moderately increase network costs, no additional funding would be needed," Vila said.