Telefonica teams up with Elon Musk’s Starlink to connect remote customers
MADRID (Reuters) – Spanish telecoms operator Telefonica said it teamed up with billionaire Elon Musk’s satellite network operator Starlink to provide internet connection to rural and remote customers. The deal with Starlink…
Telefonica wins 1.32 billion euros in tax dispute with Spain
MADRID (Reuters) – Spain’s high court has ordered the country’s tax agency to reimburse telecoms giant Telefonica a record amount of 1.32 billion euros ($1.31 billion), the company said on Tuesday. Telefonica…
Telefonica turns to Israel’s high-tech to boost consumer portfolio
By Steven Scheer JERUSALEM – Spain’s Telefonica, Europe’s third-largest telecoms company, aims to increase investments in Israel’s high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.…
Telefonica Brasil expects $1.09 billion of synergies with Oi deal
SAO PAULO – Telefonica Brasil said on Wednesday it estimates the assets acquired from Brazilian telecom Oi Movel will create 5.4 billion reais ($1.09 billion) in value. In a presentation the company,…
Telefônica Brasil posts 103.2% growth in Q4 net profit
– Telefonica Brasil on Tuesday reported its quarterly net profit rose 103.2%, helped by a tax credit recognition of 1.4 billion reais. The telecoms operator’s fourth quarter net profit of 2.628 billion…
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