Tuesday, 22 August 2017

Telefonica CFO hails new cycle of profitable growth

By Nick Wood, Total Telecom
Thursday 14 May 15

Spanish incumbent's first quarter revenue rises 12.6% on LatAm, Germany growth.

Telefonica CFO Angel Vila on Thursday heralded a new phase of profitable growth after the Spanish incumbent reported a strong rise in first quarter group revenue and earnings. The company is "reaping the early gains" of its "portfolio optimisation", he said during Telefonica's quarterly investor call, which in recent years has seen Telefonica divest assets in some markets and bulk up in others…

Telefonica CFO Angel Vila on Thursday heralded a new phase of profitable growth after the Spanish incumbent reported a strong rise in first quarter group revenue and earnings. The company is "reaping the early gains" of its "portfolio optimisation", he said during Telefonica's quarterly investor call, which in recent years has seen Telefonica divest assets in some markets and bulk up in others…

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