Provided by Dow Jones By Mauro Orru Telefonica SA said Thursday that net profit for the first quarter increased, while revenue edged lower mostly because of the continuing effects of the coronavirus pandemic as well as unfavorable foreign-exchange trends. The Spanish telecommunication company said first-quarter net profit climbed to 886 million euros ($1.07 billion) from EUR406 million a year earlier. Quarterly revenue slipped to EUR10.34 billion from EUR11.37 billion, it said. Telefonica s operating income before depreciation and amortization, or Oibda, fell to EUR3.42 billion from EUR3.76 billion, with its corresponding margin declining to 33% from 33.1%, the company said. Telefonica said the coronavirus wiped out EUR280 million in revenue and EUR129 million in Oibda, although the impact in the first quarter was less pronounced than in previous quarters.
atulpmrMay 11, 2021
Persistence Market Research projects –
The future of global telecommunication industry will witness higher adoption of complex information systems which will facilitate speedy data convergence
System integrators will play a key role in compiling information emanating from multiple and advanced telecommunication network standards
Integration of business support systems (BSS) and operation support systems (OSS) will boost the support for end-to-end telecommunication services and bring forth some improved customer management solutions
Owing to rising urban population, growing strength of telecom networks, brimming data transference, and deployment of advanced technologies, the demand for system integration in telecommunication continues to surge in regions namely, Asia-Pacific, Latin America, Europe, Middle East and Africa. A latest study published by Persistence Market Research has estimated that the market for system integration in telecommunications across
Wireless Telecommunication Carriers Global Market Report 2021: COVID-19 Impact And Recovery To 2030
The Business Research Company’s Wireless Telecommunication Carriers Global Market Report 2021: COVID-19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, April 27, 2021 /EINPresswire.com/ Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The number of people using mobile payments to pay for goods and services at the point of sale is expected to increase significantly. Particularly in the USA, mobile payment sales are expected to grow exponentially because of the growth in the number of overall users of the technology. For instance, number of people using mobile payments in the US increased from 48.1 million in 2017 to around 55 million (approximately 20.2% of population) in 2018. Mobile wallets like Apple Pay, Android Pay and Samsung Pay are li
Investors betting against green trades are going up against the world’s most powerful governments.
The leaders of the biggest economies have over the past week pledged massive cuts on greenhouse gas emissions, paving the way for a torrent of regulation that is set to benefit green stocks and bonds. And it’s likely to deal blows to companies not positioned for the transition to a lower-carbon economy.
During a climate summit on Thursday, U.S. President Joe Biden announced a goal to halve emissions by 2030 on 2005 levels, a vow that could mean penalizing fossil fuel use or mandating renewable power. Canada and Japan raised target cuts to 40% to 46% by 2030, while the U.K. topped that with a vow to slash 78% by 2035.
Governments Want You to Buy Green Ignore Them at Your Peril leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.