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Telefonica SA (TEF.N)

TEF.N on New York Stock Exchange

11.15USD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Ferrovial chooses Telefonica as communications provider for the next five years
Tuesday, 21 Mar 2017 07:14am EDT 

Telefonica SA : Says Ferrovial chooses Telefonica as communications provider for the next five years .Telefonica to provide fixed and mobile communication technology, collaboration tools, new workplace services and specific security services..  Full Article

Telefonica to grant Vodafone access to its optic fiber network
Thursday, 16 Mar 2017 06:06am EDT 

Telefonica SA : Telefonica and Vodafone sign a commercial agreement for wholesale access to optic fiber network .After the deal, Vodafone can immediately access Telefonica's optic fiber networks.  Full Article

Telefonica increases stake in Telefonica Deutschland to 69.2 pct
Monday, 13 Mar 2017 01:45pm EDT 

Telefonica SA : Enters share swap deal with Koninklijke KPN NV under which it transfers 72.0 million of its own treasury shares (1.43 percent of its share capital) in exchange for 178.5 million shares of Telefonica Deutschland Holding AG (6.0 percent of its share capital) .As a result, it increases its stake in Telefonica Deutschland to 69.2 percent from 63.2 percent.  Full Article

Astellia signs framework agreement with Telefonica for geolocation
Wednesday, 1 Mar 2017 11:17am EST 

Astellia SA :Signs global framework agreement with Telefonica Group for geolocation.  Full Article

Telefonica to focus on organic deleveraging, keep M&A options open
Thursday, 23 Feb 2017 05:12am EST 

Spain's Telefonica Chief Financial Officer Angel Villa: Says: "We're going to focus on organic cash flow generation and organic deleveraging ... but M&A, if conditions are right, if it creates value and makes strategic sense, will also play a role in our efforts" Further company coverage: [nL8N1G81EH] (Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34 91 585 21 51;)).  Full Article

Telefonica to issue 137.2 million new shares for scrip dividend
Thursday, 1 Dec 2016 11:45am EST 

Telefonica SA : Owners of 70.01 percent of free allotment rights resolve to receive new shares of Telefonica as part of scrip dividend .To issue 137.2 million new shares for the scrip dividend.  Full Article

Telefonica and Huawei complete proof-of-concept test for 5G UCNC radio access networks
Thursday, 17 Nov 2016 06:25am EST 

Telefonica SA : Completes first proof-of-concept test for 5G UCNC radio access networks with Huawei .Test showed the number of 5G connections per cell increased by 233 pct, the signaling overhead decreased by 78 pct, and the latency decreased by 95 pct compared with LTE high-speed wireless communication.  Full Article

Telefonica sells Television Federal to Viacom International for $345 mln
Tuesday, 15 Nov 2016 11:59am EST 

Telefonica SA : Says it has sold 100 percent of Television Federal SA to Viacom International Inc for $345 million .Says capital gain before taxes amounts to about 205 million euros ($219.8 million).  Full Article

Astellia signes a 3-year contract with Telefonica Spain
Tuesday, 8 Nov 2016 03:23am EST 

Astellia SA :Signed a major 3-year contract with Telefonica Spain for implementation of its industry leading Nova RAN 3G and 4G optimization solution.  Full Article

Spain's Telefonica says dividend payout ratio to be 50 pct of cash flow
Thursday, 27 Oct 2016 02:03am EDT 

Spain's Telefonica : Says dividend payout ratio to be around 50 percent of free cash flow, assuming free cash flow of 4 billion euros ($4.36 billion) per year, versus more than 90 percent previously . Reiterates 2016 targets on revenue, OIBDA margin, makes no mention of goal to reach a debt to EBITDA ratio of 2.35 Further company coverage: [TEF.MC] ($1 = 0.9167 euros) (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

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