Telefonica Deutschland Holding AG : Q2 2020 mobile service revenues and OIBDA 2% below estimates
>Mobile service revenues and OIBDA 2% short of estimates - Telefonica Deutschland this morning reported revenues fully in line with estimates. The top line dipped by 0.5% yoy (-3% qoq) to € 1.79bn (ODDO BHF: € 1.79bn, Css € 1.79bn). Mobile service revenues fell by 3.3% yoy ( -2.7% qoq) to € 1.27bn (ODDO BHF: € 1.29m, Css € 1.3bn), which was slightly worse than expected and is explained by COVID-19 and other exceptional items, weighing in at € 62m. Postpaid added 158,...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.
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