Integrated Telecommunications Services Headlines

Telefonica Deutschland lifts outlook after strong Q2

Telefonica Deutschland said it was raising its outlook for revenue and core profit this year to show slight growth after posting the strongest first-half growth since the merger that created the company in 2015.

Takeover target Euskaltel swings to first-half loss

Spanish telecoms company Euskaltel, the subject of a takeover bid by rival Masmovil, on Tuesday reported a first-half net loss of 5.5 million euros ($6.51 million) against a 35.6 million euro profit in the same period last year.

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