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Q2 FY20 first take: Telefónica distracts as reality bites
Neal Doran2020-07-31T14:40:00
Source: Telefónica
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new wholesale fibre networks ...
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