The group's revenues reached a total of €10,140 billion, with an increase of 1.9%, of which 25% was contributed by the business in Brazil and 20% by Latin America.

Telefónica group achieved profits totaling €532 million in the first quarter of this year, which represents an increase of 79% compared to the same period last year.

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List all analysis

Telefónica achieves profits of €532 million in first quarter

The group's revenues reached a total of €10,140 billion, with an increase of 1.9%, of which 25% was contributed by the business in Brazil and 20% by Latin America.

MORE ANALYSIS

Millicom consolidates regional expansion in record second quarter

Liberty Latin America consolidated profitability in the second quarter

The group reported OIBDA growth, a solid improvement in free cash flow and operational progress driven by broadband and postpaid mobile services. LLA ended June with 6,759,800 mobile subscribers and 3,883,500 fixed revenue-generating units (RGUs).

Claro’s strategy to consolidate its leadership in Brazil’s broadband market

The acquisition of regional operator Desktop will allow the company to expand its presence in the state of São Paulo, the main stronghold of its competitor Telefónica, which has already withdrawn from most of the Latin American market.

Big Tech burns free cash flow on AI investments

The combined spending by Amazon, Microsoft, Google and Meta exceeded the cash generated by their core operations by US$100 billion. A situation that is worsening.

Automation in Personal’s mobile access network: initial impacts on site acceptance, balancing and diagnostics

Convergencia identified how AI is being applied in five areas: 2G, 3G, 4G and 5G integration; mobile site acceptance; RAN Sharing; refarming and overlay; and vendor license management.

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