{"id":245898,"date":"2021-05-13T10:37:38","date_gmt":"2021-05-13T10:37:38","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=317226"},"modified":"2021-05-13T10:37:38","modified_gmt":"2021-05-13T10:37:38","slug":"telefonica-indicates-pandemic-recovery-in-q1","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/05\/13\/telefonica-indicates-pandemic-recovery-in-q1\/","title":{"rendered":"Telefonica indicates pandemic recovery in Q1"},"content":{"rendered":"

<\/p>\n

\tTelefonica\u2019s first quarter results showed a partial recovery from the effects of the Covid-19 (coronavirus) pandemic, with the company claiming its performance put it on track to meet its 2021 financial targets.<\/p>\n

Net income of\u00a0\u20ac886 million was up 118.3 per cent on Q1 2020, which the operator stated showed the resilience of its business model, focused on cost reduction and stable operating cash flow.<\/p>\n

Telefonica added the increase\u00a0reflected \u201cthe lower impact of the effects of the pandemic\u201d and the evolution of exchange rates.<\/p>\n

Revenue fell 9 per cent to \u20ac10.3 billion, with its main drivers from its four core markets of Spain (29 per cent), Germany (18 per cent), Brazil (16 per cent) and the UK (15 per cent).<\/p>\n

The company also highlighted strides in cash generation, which was up 200 per cent to \u20ac727 million, although these funds are earmarked for payments made following spectrum auctions in the UK, Chile and Spain.<\/p>\n

Net debt was down by 6.4 per cent to \u20ac35.8 billion: Telefonica noted once pending deals complete, the figure would be reduced by a further \u20ac9 billion, taking it to around \u20ac26 billion, half the level it was in mid-2016.<\/p>\n

The company ended Q1 with 374.4 million customers, a 1.5 per cent increase, mainly driven by its fibre business.<\/p>\n

Looking ahead, Telefonica said the results set it up to achieve its goals for 2021, \u201cconsisting of a stabilisation of revenues and operating income,\u201d as well as a return to a normal level of capex over revenues of up to 15 per cent.<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427!<\/figcaption><\/figure>\r\n<\/br>Find A Teacher Form:\r\n<\/br>https:\/\/docs.google.com\/forms\/d\/1vREBnX5n262umf4wU5U2pyTwvk9O-JrAgblA-wH9GFQ\/viewform?edit_requested=true#responses\r\n<\/br><\/br>Email:\r\n<\/br>public1989two@gmail.com






\r\nwww.itsec.hk<\/a>
\r\nwww.itsec.vip<\/a>
\r\nwww.itseceu.uk<\/a>
<\/p>","protected":false},"excerpt":{"rendered":"

Telefonica\u2019s first quarter results showed a partial recovery from the effects of the Covid-19 (coronavirus) …<\/p>\n

The post Telefonica indicates pandemic recovery in Q1<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telefonica indicates pandemic recovery in Q1 - ITTeacherITFreelance.hk","description":"Telefonica\u2019s first quarter results showed a partial recovery from the effects of the Covid-19 (coronavirus) ... The post Telefonica indicates pandemic recovery"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/245898"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=245898"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/245898\/revisions"}],"predecessor-version":[{"id":245899,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/245898\/revisions\/245899"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=245898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=245898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=245898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}