Telefonica tops forecast with 79% surge in Q1 profit
Telefonica made net profit of 532 million euros ($571 million) in the quarter on revenues of 10.14 billion euros.
The telecoms company was able to raise fees on the back of inflation in Spain, Brazil and most of Latin America, and so benefit fully from lower energy prices, Chief Operating Officer Angel Vila told Reuters.
He also cited efficiencies such as cutting about 2,300 jobs in Spain and lower energy consumption when replacing old copper networks with optic fibre.
Quando si lavora bene i risultati si vedono , la Tim invece sempre peggio