Telefónica's profits up 22.2% in Q4

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Telecommunications News - Monday, March 1, 2010

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Free Content of the day

* Telefónica's profits up 22.2% in Q4 - Regional

Spanish telecoms giant Telefónica (NYSE: TEF) posted net profits of 2.44bn euros (US$3.31bn) for the fourth quarter of 2009, a 22.2% year-over-year increase, the company said in its latest earnings report.

Telefónica recorded revenues of 15.0bn euros in the fourth quarter, up 1.2% from 14.8bn euros in the year-ago quarter.

For full 2009, Telefónica generated a net profit of 7.78bn euros, inching up 2.4% compared to the previous year. The operator's annual revenues amounted to 56.7bn euros, sl ... more
http://www.bnamericas.com/news/telecommunications/Telefonica*s_profits_up_22,2*_in_Q4/176397399

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* Jorge PartidasCEO - WAU Móvil<p><em>Two years ago, WAU M&oacute;vil took the decision to migrate from being a content provider for telecoms operators to becoming a facilitator that provides a one-stop shop for mobile content deli... more

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