Telefonica closed 2012 with a net profit of only €3,928 million, down by 27.3% on the previous year, after making adjustments of €2,536 million to take into account participation in Telefonica Italy, Telefonica Ireland and the devaluation of the Venezuelan Bolivar.
Around 2,000 users still without telephone or internet connection in Málaga
A week after the fire at the Telefónica station in Huelin, Málaga, there are still around 2,000 users without telephone or ADSL internet and many businesses have been suffering.
Telefonica could cut workforce by 20%
Telefonica is studying ways of boosting productivity and introducing more flexibility in its operations in Spain, including, amongst other things, a 20% reduction in its workforce.
Telefonica to consolidate rates
Telefonica is set to consolidate the rates applicable to metropolitan and provincial calls to landlines, which means there will then only be two domestic tariffs, provincial and inter-provincial.
Telefonica and Vodafone to share networks
Telefonica and Vodafone have signed an agreement to share their mobile networks in Spain, Germany, Ireland and the United Kingdom. Talks are also underway to incorporate the Czech Republic into the agreement. The two companies intend to explore the opportunities for cooperation in other areas relating to the transmission of services as well as extending coverage and improving the quality …
Canillas de Aceituno reconnected
Canillas de Aceituno has been reconnected with the world after 36 hours without telephone or internet connection due to storms in the area. Both landline and mobile telephone systems were knocked out.
Job losses
The telecommunications company ONO is set to shed 1,300 jobs, almost one-third of its workforce, as a result of the current economic situation and the bleak future outlook in the sector. ONO, which offers telephone, internet and television to six million customers through its own fibre optic network, had to reduce its workforce by 700 people in 2006 after it …
Technology blackouts
The accidental severing of a fibre optic cable in Vera, Almería, has caused a technology blackout, with no-one in Almería city and the entire district of Almanzora able to make use of landlines, mobiles or internet. A similar situation has affected landlines in the coastal towns of Motril and Salobreña and left more than a dozen municipalities in Granada without …