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"The regulation has to adapt to the fact that Telefonica is no longer the leader in the wholesale market," Chief Operating Officer Angel Vila told Reuters on Thursday, urging more flexibility around possible asset acquisitions in the future. ....
By Adria Calatayud Telefonica reported a swing to a net loss for the fourth quarter due to one-off charges at its Spanish business and U.K. joint venture,. ....
(Bloomberg) Spain’s Telefonica SA missed analysts’ earnings expectations after taking an impairment in the UK and a provision as part of a plan to cut staff costs. Most Read from BloombergNvidia Surges After Company Proclaims AI Has Hit 'Tipping Point'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeFourth-quarter o ....
Telefonica said the deteriorating economy in Britain and higher interest rates affected "estimates of future cashflow" and the value of derivatives the unit owns. ....