Telefonica Deutschland Holding AG : Q1 revenues in line, OIBDA fuelled by synergies ahead of target. Continued underperformance vs partners (-1.9% vs +5%).
>Revenues in line, OIBDA (5%> css), fuelled by synergies ahead of target - Telefonica Deutschland this morning reported revenues in line with expectations, down -0.7% to € 1,758m (Oddo BHF: € 1,762m, consensus € 1,754m).By division, mobile service revenues were down -0.5% (Oddo BHF: -0.5%, consensus -1.1%) to € 1 311m, after -1.2% in Q4 and -0.4% in Q1. The offensive in the entry-level segment (BLAU brand) boosted net-adds: the post-paid segment recorded 297k new...Telefonica Deutschland Holding is a telecommunication company. Co. offers its consumer retail and business customers postpaid and prepaid wireless communications products, along with wireless data services using Global Packet Radio Service, Universal Mobile Telecommunications System and Long Term Evolution technology as well as Digital Subscriber Line wireline telephony and high-speed internet services. Co. markets its products and its wireless and wireline communications products as well as services via the core brand O2. Co.'s secondary brands include the brands Fonic and netzclub. Co. also markets high-speed DSL internet access and wireline telephony.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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