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Telefonica shares fall as Vodafone looses its sheen (Madrid)

After rival Vodafone shares plunged, shares in Spanish telecoms group Telefonica fell more than 6 percent. Shares in Telefonica failed to open trade because of the high volume of trades placed. Madrid Based Trader said that “Vodafone’s saying they’ve been hit hard in Spain, and people are worrying that Telefonica’s results will show the pressure as [...]

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Ericsson wins prime integrator revenue assurance contract with Telefónica across Latin America

STOCKHOLM, SWEDEN -- 07/24/08 -- Ericsson (NASDAQ: ERIC) will provide business consulting and systems integration services for Telefónica's fixed and mobile operations across Latin America, allowing Telefónica to improve co..

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Telefonica cut to neutral by J.P. Morgan

LONDON (MarketWatch) -- J.P. Morgan downgraded Telefonica to neutral from overweight on worries over Vodafone Group's report of slowing Spanish service revenue growth as well as worries over the U.K., Germany and the Czech Republic. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Telefónica O2 profit up 10% in H1 (Prague)

According to the estimates of Czeh and foreign analytical firms available to CTK , Telefornica O2 raised net profit by 10 percent in the first half of the year. Less than 1 percent growth in the revenue. Income from activities of the mobile division rose by 4 percent but the income from fixed lines fell [...]

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UPDATE 2-T.Italia should stay in Italian hands-minister

ROME, June 24 (Reuters) - Italian Industry Minister Claudio Scajola said on Thursday he hoped Telecom Italia SpA stayed in Italian hands, after a key shareholder pushed on Monday for a merger with Spain's Telefonica SA .

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Shakeup Due in Brazil's Mobile Field

Brazil's regulators are set to shake up its fast-growing wireless phone market, in part giving a local player a boost. Anatel, Brazil's regulatory agency, is expected to make some moves that will toughen the competitive landscape.

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Oberon Media Inks New Distribution Partnerships

SEATTLE--(BUSINESS WIRE)--Casual Connect - Oberon Media, the world’s leading multi-platform casual-games company, today announced that it has inked

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Bic budget phone competes with SIM-only rivals

Bic's mobile-operator partner, Orange, like other large European wireless operators, is trying to hold off a wave of low-cost competitors.

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America Movil shares fall

Shares of heavyweight America Movil fell on Tuesday, dragging down the Mexican stock market, as billionaire Carlos Slim's company failed to meet high profit expectations in the second quarter. By midmorning Tuesday, shares for Latin America's largest mobile phone service...

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Vodafone falls 14% on sales warning

Vodafone's shares fell almost 14 per cent yesterday, the biggest one-day fall in the company's history, after the UK mobile phone operator shocked investors by issuing...

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Sour close for Sarin as Vodafone loses its sheen and shares drop

ARUN Sarin's tenure of mobile phone giant Vodafone has ended on a sour note after the group's share price plunged yesterday as it became the latest victim of the credi

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Vodafone shares drop as chill reaches telecoms

Vodafone had almost £11 billion wiped from its stock market value after the world's largest mobile phone company said that its results would suffer as the European telecoms sector was finally hit by the economic slowdown.

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New Cubism Exhibit at the Museum of Bellas Artes

The Museum of Bellas Artes is currently holding a new temporary exhibit entitled “El Cubismo y sus entornos en las colecciones de Telefónica” (Cubism and its environment in the Telefonica collections). The exhibit boasts 41 works by painted from both Europe and Latin America. According to My Buenos Aires Travel Guide, the Museum of Bellas [...]