No menu items!

Telefónica in Latin America has Q1 revenue 12% less than in 2020

RIO DE JANEIRO, BRAZIL - The Spanish multinational Telefónica obtained in the first quarter of 2021 in Latin America revenues of US$2.4 (EUR1.9) billion, 12% less than in the same period of the previous year, but only 0.2 % if it had not been for the depreciation of the currency and after being affected by the Covid-19 pandemic.

As the company reported to the Spanish Securities and Exchange Commission (CNMV) on Thursday, the mobile business fell by 10.4 % -although it would have grown by 1.3 % in organic terms- to 1.26 billion euros, while . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content