A rather disappointing set of Q1 results for Telefonica Deutschland. Q1 revenues showed a slight continued decline with a yoy decrease of 4.7% to €1,771m. Even if the trend was slightly better than in 2016 (-6% yoy for the whole year), we were expecting, however, a better number (a 3% decline indeed). Note furthermore that, unlike the previous quarter, this was mainly a result of the decline in… service revenues. Handset revenues fell by 5.4% yoy, still reflecting, but to a much l
09 May 2017
A slightly disappointing Q1
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A slightly disappointing Q1
Telefonica Deutschland Holding AG (O2D:WBO) | 0 0 1.5% | Mkt Cap: 11,895m
- Published:
09 May 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
A rather disappointing set of Q1 results for Telefonica Deutschland. Q1 revenues showed a slight continued decline with a yoy decrease of 4.7% to €1,771m. Even if the trend was slightly better than in 2016 (-6% yoy for the whole year), we were expecting, however, a better number (a 3% decline indeed). Note furthermore that, unlike the previous quarter, this was mainly a result of the decline in… service revenues. Handset revenues fell by 5.4% yoy, still reflecting, but to a much l