|Bid||8.79 x 50000|
|Ask||9.62 x 500000|
|Day's range||9.00 - 9.93|
|52-week range||9.00 - 1,248.30|
|PE ratio (TTM)||19.44|
|Dividend & yield||0.82 (9.21%)|
|1y target est||11.54|
Heavily indebted telecoms giant Telefonica said Thursday its net profit fell close to 14 percent last year to 2.36 billion euros, hit by restructuring costs linked to a voluntary redundancy scheme in Spain. Without the impact of restructuring costs, Telefonica said it would have made a net profit of 4 billion euros in 2016. Analysts at the Madrid-based Bankinter said the results were mixed, with good performances in Spain and Brazil, but weaker results in Germany and Britain.
Heavily indebted Spanish telecoms giant Telefonica said Tuesday it has agreed to sell up to 40 percent of its infrastructure unit Telxius to US investment fund KKR for 1.27 billion euros ($1.35 billion). Telefonica said it would keep a majority stake and operational control of Telxius, which operates telecoms towers and undersea fibre optic cables, and would continue to consolidate it into its accounts. "The combination of Telefonica's industrial expertise and KKR's financial and operational support will help Telxius as it continues to scale and grow," KKR's head of Spain, Jesus Olmos, said in a Telefonica statement.
The first edition of the TOF_ Global Race is a competition which is open to innovative projects and startups that make use of new technologies from any corner of the globe. The winner will achieve international ...