Edition:
United States

Telefonica SA (TEF.N)

TEF.N on New York Stock Exchange

8.74USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

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

Telefonica mulls reducing size or delaying Telxius listing - Bloomberg
Thursday, 29 Sep 2016 08:29am EDT 

Bloomberg says: Spain's Telefonica is considering lowering the price, reducing the size or delaying the listing of its telecoms masts business Telxius .Telefonica said on Tuesday it would raise up to 1.5 billion euros ($1.7 billion) from the listing of 36 percent of the unit's shares, which it priced at between 12 and 15 euros each..  Full Article

Spain's Telefonica says to cancel shares worth 1.5 pct of capital
Wednesday, 28 Sep 2016 11:55am EDT 

Spain's Telefonica : Says to cancel shares worth 1.5 percent of share capital Further company coverage: [TEF.MC] (Reporting by Madrid newsroom).  Full Article

Euskaltel reaches deal with Telxius to use its telecom towers in Spain
Tuesday, 27 Sep 2016 04:14am EDT 

Euskaltel SA : Reaches deal with Telxius, a company from Telefonica group, to use its 11,000 telecom towers . The deal will allow Euskaltel to expand its network of telecommunication sites in the Basque Country and Galicia Further company coverage: [EKTL.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Bluelinea participates in STARR alongside CEA TECH and Telefonica
Tuesday, 23 Aug 2016 01:00am EDT 

Bluelinea SA : Participation in European collaborative program STARR alongside CEA TECH and Telefonica .Program dedicated to the support at home of survivors of a cerebral vascular accident.  Full Article

Spain's Telefonica says to reconsolidate UK unit O2
Wednesday, 29 Jun 2016 09:11am EDT 

Spain's Telefonica : Says will fully reconsolidate British unit o2 when it reports Q2 earnings in July . Says still exploring options for O2, will implement them when market conditions allow Further company coverage: [TEF.MC] (Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34 91 585 21 51;)).  Full Article

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Mexico's America Movil to provide national roaming service to Telefonica Mexico

MEXICO CITY Mexican telecoms giant America Movil , controlled by tycoon Carlos Slim, said on Monday its Mexican unit had reached an agreement to provide a national roaming service to its main competitor in the local market, Telefonica Mexico.