Telefónica has improved its profit in the year of the pandemic by 38.5%, to 1,582 million euros. The operator has achieved better results even with a decrease in revenue, which amounted to 43,070 million euros in 2020, 11% below the turnover of the previous year. The company chaired by Josà © MarÃa Ãlvarez-Pallete has also […]
Tag: Jose Maria Alvarez-Pallete
Telefónica connects the first 5G factory in Spain: a Gestamp plant in Barcelona
5G breaks into Spanish production. The first factory connected with 5G is already a reality and is located in Barcelona. Telefónica has implemented this new mobile telecommunications technology in one of the plants that Gestamp has there. The company specializing in automotive components will have the first factory in this country fully connected by 5G. […]
Telefónica resists against the covid but its profit is reduced by half, weighed down by the business in Argentina
Telefónica manages to reduce the impact of the pandemic on its accounts in the third quarter of this year, although revenues or ebitda suffer an inevitable erosion when compared with the figures for the same period in the previous year. Meanwhile, other problems arise, specifically a deterioration of the business in Argentina with a negative […]