Telefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist

Headlines: recovery gathers steam but jitters persist

Source: Eddie & Carolina Stigson / Unsplash

Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...

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