Telefónica Q3 FY21: Wary Group sticks to plan as recovery builds

Q3 FY21: Wary Group sticks to plan as recovery builds

Source: Anaya Katlego / Unsplash

Operator maintains rebound from pandemic with growth in earnings and revenue, and confirmation of guidance. All major OBs in growth and Hispam changes look to be having impact. Executives appear wary of conditions, with inflation and coronavirus lingering. Lid kept on capex as Group asserts discipline. Infra-Tech M&A frenzy ...

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