Tuesday, November 28, 2017

Telefónica reactivates with investment announcement

The fiber optic deployment and the recovery of its revenues moderate the versions that the company halted its business in the country due to the possible sale of the local subsidiary.

A change of attitude is seen in the subsidiary of the Spanish company, both in its results and in its investment, although it faces a complicated present due to the competition, which now adds the elimination of the zero rate of interconnection with América Móvil. According to its balance, Telefónica in Mexico increased its revenues by 5% in the third quarter compared to the same period last year, despite the negative impact of earthquakes that occurred in the country, for which operators should offer free services for five days.

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