Telefonica posted higher first-quarter sales and core profits thanks to growth abroad, a sign that an expected turnaround is underway.» Read More
Spain's Telefonica hopes to buy a 10% stake in wireless operator China Unicom to take advantage of opportunities from Beijing's plan to overhaul its telecoms industry, the Financial Times said on Thursday.
The relentless upward march of oil prices dominated the business headlines through the week, but there were other developments to inspire the traders, analysts, and fund managers who offered their suggestions to investors on CNBC.
Shares of wireless providers have been surging, so is it time for investors to make a call? Hold the phone, says Craig Moffett. The senior telecom analyst for Sanford C. Bernstein has a strategy...
Cramer makes the call on viewers' favorite stocks.
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
Deutsche Telekom scored a victory in a legal battle with rival Vodafone over sales conditions for the coveted Apple iPhone, which T-Mobile sells exclusively in Germany.
Spain's Telefonica said on Monday that net profit rose 51 percent to 7.85 billion euros ($11.54 billion), far ahead of market expectations.
Deutsche Telekom's mobile phone division, T-Mobile, will sell Apple's iPhone in Germany for 399 euros ($558) each, the companies said on Wednesday, but kept silent on details of the deal.
Spanish-owned O2 U.K. and mobile phone retailer Carphone Warehouse have clinched a long- awaited deal to bring Apple Inc's coveted iPhone handsets to Britain.
Nokia said on Monday it is buying U.S. cellphone screen advertising firm Enpocket as the world's top handset maker pushes into a market which is seen ballooning in coming years.
Spanish telecom giant Telefonica said Monday its second-quarter net profit more than doubled, boosted by a 1.3 billion euros ($1.8 billion) capital gain from the sale of radio operator Airwave.
Spanish telecoms company Telefonica has offered Portugal Telecom more than 3 billion euros ($4.1 billion) to buy full control of their Brazilian mobile unit Vivo, the Financial Times reported.
Spanish-owned mobile phone operator O2 has yet to sign any deal to bring iPhone mobile phones -- Apple's latest "must-have" gadget -- to Britain.
EU regulators fined Spain's Telefonica 151 million euros ($205 million) on Wednesday, claiming the company unfairly squeezed rivals by setting wholesale Internet prices too high to allow them turn a profit.
Portugal Telecom said on Wednesday it has not made an offer to buy shares in Brazilian telecoms operator Telemar.
Spain's Telefonica announced a 7.7% rise in first-quarter net profit on Wednesday, meeting expectations as a strong performance in Latin America was coupled with booming broadband growth at home.
Spain's Telefonica has reached a deal to sell the Dutch TV company Endemol, creator of the "Big Brother" show, for 2.63 billion euros ($3.55 billion) to a consortium including the Mediaset media empire controlled by former Italian Premier Silvio Berlusconi's family, Mediaset said in a statement.
Australia's Macquarie Bank said on Wednesday that two of its infrastructure funds have bought secure digital radio network Airwave from Spain's Telefonica for $3.82 billion.