Telefonica | GlobalPost

Telefonica posts 6.8 pct revenue growth in Latin America

Agencia EFEMay 8, 2013 22:15

Madrid, May 8 (EFE).- Spain's Telefonica earned 7.2 billion euros ($9.5 billion) in revenue in Latin America in the first quarter, representing organic growth of 6.8 percent relative to the same three-month period last year. Operating income for Telefonica's Latin America unit came in at nearly 1.1 billion euros, which represented organic growth of 7.4 percent, the company said in a regulatory filing.

Telefonica renews contract to rent network to cable firm ONO

Thomson ReutersMay 8, 2013 15:52

MADRID (Reuters) - Telefonica has signed a new contract with Spanish cable operator ONO allowing it to use its network for another 2-1/2 years to sell on phone services, a source familiar with the deal said on Monday. ONO and rival Jazztel, known as virtual operators because they do not own networks, are making headway in an increasingly competitive environment since the market shifted to convergent offers that bundle phone with television and internet services.

Telefonica and Generali's car tracker to cut insurance premiums

Thomson ReutersFebruary 6, 2013 10:45

MADRID, Feb 6 (Reuters) - Spain's Telefonica and insurer Generali have launched a car-tracking device designed to reduce the cost of insurance by monitoring driving habits. The product, called Pay As You Drive, is part of Telefonica's efforts to expand into alternative technologies, particularly machine-to-machine (M2M) services for the healthcare and automotive sectors. The device will monitor how many miles customers drive, whether they stick to speed limits, what time of day they usually drive and where they go.