Telefonica Deutschland Holding AG : Q3 2019 figures slightly short of expectations for OIBDA but a good top line
>Q3 in line, revenue 1.1% better, OIBDA -1.4% below in IAS17 - Telefonica Deutschland this morning reported revenue 1.1% ahead of expectations, with growth of 2.7% (+1.6% in Q2) to € 1.879bn (ODDO: € 1.849bn, consensus € 1.859bn).Mobile service revenues posted unprecedented growth of 2.7% (vs +0.6% in Q2) to € 1.374bn. With the auctions having seen the arrival of 1&1 Drillisch as a future MNO, Telefonica Deutschland (and its partners!) maintained robust adds: the...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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