Thursday, May 07, 2020

Telefónica's revenues fell 5.1% in the first quarter due to the drop in Brazil's turnover

The company spoke of the limited impact of the coronavirus pandemic on its performance from January to March. Added revenue of €11.366 billion, affected by the 13.6% drop in the Brazilian operation: DTH's revenues decreased 38.7%, fixed voice revenues by 18.9% and handset sales 2.9%. Net profit fell 56.2%.

Telefónica's financial results for the first quarter do not yet show a severe impact of the health emergency. The company had revenues of €11.366 billion, a decrease of 5.1% year-on-year that is based on the drop in sales in Brazil and the unfavorable exchange rate of the real. Telefónica's net profit reached €406 million, 56.2% less than a year ago, as a result of the performance in Brazil and Latin America (with a drop in income of 8.4%).

Read full article

MORE ANALYSIS

Globales · Operators · Equipment Providers and Network Solutions24/06/2025

Ericsson Mobility Report focuses on 5G Monetization via FWA

Operators are increasing their revenue by selling fixed wireless Internet plans based on the speeds provided by 5G networks. This complements income from mobile services.

Honduras · Operators27/05/2025

Hondutel's future is increasingly bleak

In the first four months of 2025, it recorded a loss of US$2.5 million, adding to its losses throughout 2024. It is also losing landline customers and domestic and international call traffic. Its market presence in fixed broadband has not improved.

América Latina · Submarine Cables · Data Center11/02/2025

Latin American wholesale ecosystem prepares to support AI Everywhere

The impact that artificial intelligence can have on traffic models is one of the determining factors for data center projects, terrestrial networks and submarine cables still on their way in Latin America.

Chile · Submarine Cables09/01/2025

The Humboldt to connect with the networks of Argentina and Brazil

Desarrollo País is looking for an investment partner to bring fiber optics from the mooring point of the future submarine cable to Argentina through a new route south of Santiago. The objective is for this connectivity to reach the main Latin American markets.

América Latina · Submarine Cables · Data Center23/12/2024

“We want to accelerate investments to take advantage of growth opportunities.”

Facundo Castro, CEO of Cirion, details the company's strategy: to advance with developing of ecosystems that make customer operations more efficient when transacting with each other within a design of interconnected data centers. In the first half of 2025, construction of the new data centers in Lima and Santiago will be completed, the SAC-2 submarine cable will start operating, and construction will begin on a new 60 MW data center in Rio de Janeiro. In 2024, the replacement of Lumen's legacy systems was completed. Translated with DeepL.com (free version)

List all analysis

A DIARIO LATINO 05-07-2025

El Salvador · Software and Applications 04/07/2025

The use of Chivo Wallet facilitates scams such as Ponzi schemes

Brasil · Satellites · Regulation 04/07/2025

ViaSat-3 satellite to operate at 79° west orbital slot

Globales · Voice Services · Operators · Equipment Providers and Network Solutions 04/07/2025

Ericsson: Phasing out 2G and 3G networks is a business play for CSPs

List all news