Telefonica already has some 2.5 million homes connected with fibre in rural, semi-rural and distant suburb towns with fewer than 20,000 inhabitants and will seek to add 2 million more, he said.
The expansion plan will also rely on planned EU-backed government subsidies.
After BT passed the peak of its build, capex would reduce by at least 1 billion pounds ($1.36 billion) and operating costs by 500 million pounds, increasing free cash flow by at least 1.5 billion pounds by the end of the decade, Jansen said.
MADRID, Dec 28 (Reuters) - Spanish telecom group Telefonica reached an agreement with its labour unions to cut about 2,700 jobs in early 2022 through voluntary redundancies, the company said on Tuesday.
JERUSALEM, May 1 (Reuters) - Spain's Telefonica, Europe's third-largest telecoms company, aims to increase investments in Israel's high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.
Electronic health and the ability of customers to connect to doctors online is a focus for Telefonica and a major area for investments in Israel, although Rubio also cited consumer activities such as buying groceries.
Studies have shown that AstraZeneca's jab, which uses a more traditional vaccine technology, produces a greater T-cell response compared to mRNA jabs produced by Pfizer and Moderna, which have been favoured in Europe.
MADRID, Feb 23 (Reuters) - Spanish telecom firm Telefonica posted a five-fold jump in 2021 net profit to 8.14 billion euros ($9.20 billion) on Thursday, helped by capital gains made on mobile tower sales and a tie-up between its O2 unit and UK's Virgin Media.
When excluding the effects of capital gains, one-off impairments and other exceptional elements, revenues rose 2% and Cellulari - Pagine Bianche core earnings 1.4%, said the company, Elenco telefonico cellulari which had pledged revenues and core earnings would be stable or grow slightly.
TIM SA , a unit of Telecom Italia SpA , scooped up the B3 batch of 3.5 GHz for 351 million reais, along with several other batches, which brought its total payout so far to roughly 976 million reais.
MANILA, Oct 13 (Reuters) - The Philippines has ordered tech giants Facebook, Alibaba Lazada and Sea's Shopee to stop allowing sales of cellular equipment used for emergency messaging, after "text blasts" were used to promote a presidential election candidate.
The company targets "single-digit growth" in core earnings and revenue this year, excluding the effects of mergers and acquisitions and other one-off factors.
(Reporting by Inti Landauro; Editing by Andrei Khalip)
SAO PAULO, May 10 (Reuters) - Telefonica Brasil said on Tuesday its first-quarter net profit fell 20.4%, missing analysts' estimates, as the acquisition of 5G licenses weighed on its bottom line.
Clarke also sells fruit-flavoured vegan CBD gummies, which cost £20 for a pack of 30
Luisa Rubio, who heads Telefonica's innovation arm WayraX, has already made one investment in Israel - Upword, which uses artificial intelligence (AI) to create faster, more efficient summaries from notes.
Orange shares were up about 0.5% against a weaker overall market in early trade while Vodafone was down 3.2%.
MasMovil is unlisted. Telefonica rose about 0.5% as investors hope the deal might ultimately lead to a more rational market.
Telefonica agreed to sell the stake with a 17% premium over the closing price on Wednesday to privately held Spanish firm Global Alconaba.
Telefonica will retain a 1.95% stake in Prisa, it said in a filing to the stock market regulator.
MADRID, May 12 (Reuters) - Spanish Telecom firm Telefonica said on Thursday its net profit in the first quarter of this year fell 20% to a higher than expected 706 million euros ($741.86 million)
MADRID, Feb 2 (Reuters) - Spain's Telefonica SA said it had agreed to buy, with its partner fashion retailer Zara's owner Amancio Ortega, the 40% stake in its unit Telxius that belongs to KKR for 216 million euros ($243 million).
Earlier this month, the stock tumbled 10 Elenco telefonico cellulari un trucco per risalire al proprietario cent after the Competition and Markets Authority launched an investigation into contracts for two immigrant removal centres.
The expansion plan will also rely on planned EU-backed government subsidies.
After BT passed the peak of its build, capex would reduce by at least 1 billion pounds ($1.36 billion) and operating costs by 500 million pounds, increasing free cash flow by at least 1.5 billion pounds by the end of the decade, Jansen said.
MADRID, Dec 28 (Reuters) - Spanish telecom group Telefonica reached an agreement with its labour unions to cut about 2,700 jobs in early 2022 through voluntary redundancies, the company said on Tuesday.
JERUSALEM, May 1 (Reuters) - Spain's Telefonica, Europe's third-largest telecoms company, aims to increase investments in Israel's high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.
Electronic health and the ability of customers to connect to doctors online is a focus for Telefonica and a major area for investments in Israel, although Rubio also cited consumer activities such as buying groceries.
Studies have shown that AstraZeneca's jab, which uses a more traditional vaccine technology, produces a greater T-cell response compared to mRNA jabs produced by Pfizer and Moderna, which have been favoured in Europe.
MADRID, Feb 23 (Reuters) - Spanish telecom firm Telefonica posted a five-fold jump in 2021 net profit to 8.14 billion euros ($9.20 billion) on Thursday, helped by capital gains made on mobile tower sales and a tie-up between its O2 unit and UK's Virgin Media.
When excluding the effects of capital gains, one-off impairments and other exceptional elements, revenues rose 2% and Cellulari - Pagine Bianche core earnings 1.4%, said the company, Elenco telefonico cellulari which had pledged revenues and core earnings would be stable or grow slightly.
TIM SA , a unit of Telecom Italia SpA , scooped up the B3 batch of 3.5 GHz for 351 million reais, along with several other batches, which brought its total payout so far to roughly 976 million reais.
MANILA, Oct 13 (Reuters) - The Philippines has ordered tech giants Facebook, Alibaba Lazada and Sea's Shopee to stop allowing sales of cellular equipment used for emergency messaging, after "text blasts" were used to promote a presidential election candidate.
The company targets "single-digit growth" in core earnings and revenue this year, excluding the effects of mergers and acquisitions and other one-off factors.
(Reporting by Inti Landauro; Editing by Andrei Khalip)
SAO PAULO, May 10 (Reuters) - Telefonica Brasil said on Tuesday its first-quarter net profit fell 20.4%, missing analysts' estimates, as the acquisition of 5G licenses weighed on its bottom line.
Clarke also sells fruit-flavoured vegan CBD gummies, which cost £20 for a pack of 30
Luisa Rubio, who heads Telefonica's innovation arm WayraX, has already made one investment in Israel - Upword, which uses artificial intelligence (AI) to create faster, more efficient summaries from notes.
Orange shares were up about 0.5% against a weaker overall market in early trade while Vodafone was down 3.2%.
MasMovil is unlisted. Telefonica rose about 0.5% as investors hope the deal might ultimately lead to a more rational market.
Telefonica agreed to sell the stake with a 17% premium over the closing price on Wednesday to privately held Spanish firm Global Alconaba.
Telefonica will retain a 1.95% stake in Prisa, it said in a filing to the stock market regulator.
MADRID, May 12 (Reuters) - Spanish Telecom firm Telefonica said on Thursday its net profit in the first quarter of this year fell 20% to a higher than expected 706 million euros ($741.86 million)
MADRID, Feb 2 (Reuters) - Spain's Telefonica SA said it had agreed to buy, with its partner fashion retailer Zara's owner Amancio Ortega, the 40% stake in its unit Telxius that belongs to KKR for 216 million euros ($243 million).
Earlier this month, the stock tumbled 10 Elenco telefonico cellulari un trucco per risalire al proprietario cent after the Competition and Markets Authority launched an investigation into contracts for two immigrant removal centres.