The company highlighted its network virtualization and softwarification process, the telco cloud and the O-RAN. The greatest operating dynamics in the April-June period were in Ultra Broadband fixed accesses and postpaid mobile accesses. Total revenues for the period amounted to US$ 10.4 billion.

Telefónica's revenues for the second quarter totaled €10,400 million, an increase of 0.8% over the same period of the previous year. The main difference compared to the balance sheet of the second quarter of 2021 is that in that period, €10,559 million were extraordinary revenues from the sale of assets in Europe and the Americas. Therefore, while the operating data for the quarter were balanced in the year-on-year comparison, the balance sheet items related to OIBDA and net income showed this difference. OIBDA totaled €3,146 million, down 76.8% year-on-year. And net income totaled €320 million in the quarter, 95.9% below that of the second quarter of 2021.

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Telefónica posted a profit of €320 million in a quarter that consolidates its commitment to digitization

The company highlighted its network virtualization and softwarification process, the telco cloud and the O-RAN. The greatest operating dynamics in the April-June period were in Ultra Broadband fixed accesses and postpaid mobile accesses. Total revenues for the period amounted to US$ 10.4 billion.

MORE ANALYSIS

América Móvil's earnings fell 55% due to peso strength

Liberty and Millicom compete to conquer Digicel's 300,000 customers

The deadline expires next April 17. They offer 30% discounts on postpaid plans and unlimited data for 10 days from US$ 3 top-ups. The regulator ASEP modified portability procedure to facilitate migration.

Latin America already has 87 mobile private network deployments

Government analyzes partial privatization of Copaco

The challenge of the Caribbean islands is to expand coverage and reduce connectivity prices

A DIARIO LATINO 25-04-2024

Interoperability of clinical records to be law

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Paramount puts Chilevisión and Telefé up for sale

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