The agreements include the creation of a single 3G and 4G network in cities with less than 30,000 inhabitants and the implementation of a single 2G technology network throughout the country. These measures will enable Telefónica’s Brazilian subsidiary to extend its coverage to 400 new cities in the first year of the contract.
Alphavalue | Telefonica´s poor figures for Q119 traded with falls of 31%. Sales of 11.98 Bn€ › 11.81 Bn€ estimated by the consensus. Our analysts highlight that the operator improved income in all the geographic areas where it is present, especially in Spain and Brazil, its two main markets.
Fernando Barciela |At first sight, Telefonica’s third quarter and nine months to September results couldn’t be better. Between January and September, the company posted a 12% rise in consolidated revenues to 35.4 billion euros. Net income increased by a spectacular 69.6% to 46 billion euros in the same period.