Telefonica S.A - ADR Stock News

Telecom giant Telefonica is partnering with Epic Games to bring the "Fortnite" video game maker's marketplace app directly to millions of devices on the Spanish company's network, the companies said on Thursday.

Telefonica's sale of stakes in its fibre optic network in Peru to private equity fund KKR and Chilean telecom firm Entel announced in July 2023 fell through, Entel said in a filing to the regulator on Thursday.

Telefonica Germany and Amazon Web Services (AWS) are working on a pilot to test quantum technologies in the telecom operator's mobile network, executives from the two companies said.

Spanish telecoms company Telefonica said on Wednesday that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) had ordered the Colombian government to pay it $380 million as part of an arbitration process.

Telefonica S.A.'s Q3 earnings show a 3% y/y decline in sales, with significant revenue drops in Brazil and Hispam due to currency depreciation and competitive pressures. The company's high debt load (€32B long-term, €6B short-term) is concerning, though it has decent free cash flow and cash reserves to cover obligations. Telefonica Tech's growth in digital solutions, with a 9.5% y/y increase, o...

Telefónica, S.A. (NYSE:TEF ) Q3 2024 Earnings Conference Call November 7, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman & CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Conference Call Participants Ondrej Cabejsek - UBS Mathieu Robilliard - Barclays Luigi Minerva - HSBC Fernando Cordero - Ba...

Brazil's Telefonica reported on Tuesday a 13% increase in net profit for the third quarter compared to the same period last year.

Telefonica and AT&T are high-yield telecoms with checkered pasts. Both have made a lot of progress towards deleveraging and putting their businesses and dividends on a more sustainable path. We compare them side-by-side and share our take on which is the better buy today.