A rather correct set of Q2 results for Telefonica Deutschland (after a slightly disappointing one in Q1). Q2 revenues still showed a slight continued decline with a yoy decrease of 3.4% yoy but the trend was better than in Q1 (-4.7% yoy) and in 2016 (-6% yoy for the whole year). Note Mobile service revenue fell by 3% yoy but excluding the roaming regulation, it should have continued to improve to -0.4% yoy vs -0.6% in the prior quarter. As in the previous quarter, EBITDA has grown despite low
26 Jul 2017
Quite a correct Q2 (better than Q1)
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Quite a correct Q2 (better than Q1)
Telefonica Deutschland Holding AG (O2D:WBO) | 0 0 1.5% | Mkt Cap: 11,895m
- Published:
26 Jul 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
A rather correct set of Q2 results for Telefonica Deutschland (after a slightly disappointing one in Q1). Q2 revenues still showed a slight continued decline with a yoy decrease of 3.4% yoy but the trend was better than in Q1 (-4.7% yoy) and in 2016 (-6% yoy for the whole year). Note Mobile service revenue fell by 3% yoy but excluding the roaming regulation, it should have continued to improve to -0.4% yoy vs -0.6% in the prior quarter. As in the previous quarter, EBITDA has grown despite low