Telefonica plans growth

Telefonica plans growth

October 12, 2015

Telefonica shares rose by eleven percent on Thursday as the company promised to speed up it’s debt reduction programme as well as scale back acquisitions and increase dividends by a third.

Telefonica is the world’s fifth most valuable telecom operator.

The firm anticipates a massive increase in new mobile phone connections in Latin America, as well as an rise in demand for 3G services in Europe.

The firm anticipates this demand will lead to a forty percent organic growth of their customer base in the next four years, which works out as a revenue growth of between four and eight percent a year.

The previous three years has seen the firm grow rapidly including a number of acquisitions including 02 in the UK, though the firm did restrict acquisitions in the previous eighteen months to one and a half billion Euros.

Tim Yeo

Related Posts

UPA launches Command & Control Working Group

Comments Off on UPA launches Command & Control Working Group

Flexi-hours and remote working key to SME success

Comments Off on Flexi-hours and remote working key to SME success

Ericsson to axe 5,000 jobs

Comments Off on Ericsson to axe 5,000 jobs

Touchscreen handsets drive record LG sales

Comments Off on Touchscreen handsets drive record LG sales

3 introduces mix and match plans for SMEs

Comments Off on 3 introduces mix and match plans for SMEs

CHT to build computer centre for Taiwan’s stock exchange

Comments Off on CHT to build computer centre for Taiwan’s stock exchange

T-Mobile and 3 in mast-sharing agreement

Comments Off on T-Mobile and 3 in mast-sharing agreement

Vaioni recruiting sales agents and resellers

Comments Off on Vaioni recruiting sales agents and resellers

Nine bidders compete for Kuwait mobile licence

Comments Off on Nine bidders compete for Kuwait mobile licence

Nokia adds its nail to WiMax coffin

Comments Off on Nokia adds its nail to WiMax coffin

Avanti provides cheaper calls with LCR technology

Comments Off on Avanti provides cheaper calls with LCR technology

Dragons crazy for nuisance phone call blocker

Comments Off on Dragons crazy for nuisance phone call blocker

Create Account



Log In Your Account