TEF - Telefónica, S.A.

NYSE - Nasdaq Real Time Price. Currency in USD
4.9550
+0.1950 (+4.10%)
As of 10:21AM EDT. Market open.
Stock chart is not supported by your current browser
Previous close4.7600
Open4.9200
Bid4.9300 x 1300
Ask4.9400 x 3000
Day's range4.9200 - 4.9600
52-week range3.7500 - 8.5500
Volume243,839
Avg. volume1,909,906
Market cap25.395B
Beta (5Y monthly)1.05
PE ratio (TTM)7.79
EPS (TTM)0.6360
Earnings dateN/A
Forward dividend & yield0.44 (9.34%)
Ex-dividend date17 Dec 2019
1y target est6.84
  • Hutchison wins legal challenge to EU veto on O2 takeover
    Reuters

    Hutchison wins legal challenge to EU veto on O2 takeover

    CK Hutchison Holdings Ltd <0001.HK> has won a victory against an EU antitrust decision blocking its 10.3 billion pound bid to buy O2 UK from Spain's Telefonica <TEF.MC> in 2016. Thursday's ruling by the Luxembourg-based General Court marks a rare setback for the European Commission's competition watchdog but will cheer a telecoms industry seeking a looser rein on mergers aimed at sharing heavy 5G investments. Hutchison welcomed the court ruling, criticising regulators for a "misconceived default view" on four-to-three telecoms mergers, which it said had put a brake on consolidation in the sector.

  • Ciena to Power Telefonica UK Network Automation Capabilities
    Zacks

    Ciena to Power Telefonica UK Network Automation Capabilities

    Ciena's (CIEN) technology will enable the U.K. carrier to augment network automation capabilities and gain greater control over its operations while reducing costs and improving reliability quotient.

  • Beards and barking dogs: how Telefonica merged O2 in the middle of a pandemic
    Reuters

    Beards and barking dogs: how Telefonica merged O2 in the middle of a pandemic

    The biggest deal since the coronavirus forced the world into a lockdown was sealed thanks to a frantic round of late night calls among bearded faces and without even a virtual toast to mark the creation of a new force in the British telecoms sector. Telefonica <TEF.MC> started courting Liberty Global <LBTYA.O> in October sharing its ambition of crafting a deal for its British mobile operator O2 that would help the Spanish telecoms firm cut debt while retaining significant exposure to the UK market, three sources close to the deal told Reuters. Liberty's billionaire founder John Malone was onboard, eager to extract value from British cable firm Virgin Media [VMII.UL].

  • Liberty's Virgin Media and Telefonica's O2 to merge in the UK in $39B deal
    TechCrunch

    Liberty's Virgin Media and Telefonica's O2 to merge in the UK in $39B deal

    The regulators said "NO" when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. Telefonica and Liberty Global today announced a plan to merge the Spanish telco's UK mobile carrier O2 with Virgin Media, a pay-TV and broadband provider in the country owned by Liberty.

  • Liberty and Telefonica agree $38 billion UK tie-up to take on BT
    Reuters

    Liberty and Telefonica agree $38 billion UK tie-up to take on BT

    Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to take on market leader BT. In the biggest shake-up of the British telecoms market for five years, the deal will bring together the biggest cable TV provider in Liberty's Virgin Media with Telefonica's O2, the second-largest mobile operator. The tie-up mirrors a succession of European deals struck by Liberty's billionaire founder John Malone to create one-stop shops for mobile and broadband.

  • Associated Press

    Virgin Media, O2 plan merger to create new UK telecoms giant

    Internet supplier Virgin Media and mobile phone carrier O2 plan to merge and create a big new telecommunications provider in the U.K., the brands’ parent companies announced Thursday. Virgin Media’s owner, Anglo-Dutch-American firm Liberty Global, and Spain’s Telefonica, which owns O2, valued the new company at 31 billion pounds ($38 billion). Telefonica chief executive Jose Maria Alvarez-Pallete said that “combining O2′s number one mobile business with Virgin Media’s superfast broadband network and entertainment services will be a game-changer in the U.K.”

  • BT scraps dividend, invests in fibre as rivals agree merger
    Reuters

    BT scraps dividend, invests in fibre as rivals agree merger

    Britain's biggest telecoms group BT <BT.L> suspended its dividend and said it would spend billions more on faster fibre broadband connections, as it prepares to meet the challenge posed by the merger of two of its biggest rivals. BT said the saving from suspending its dividend until 2021/22 would see it through the expected financial crash caused by the coronavirus pandemic, which is leading to lower revenue from sports customers, reduced business activity and more cautious spending from multinational customers. It will also help fund a 12 billion pound ($15 billion) plan to upgrade its legacy copper network to full fibre.

  • Telefonica withdraws 2020 guidance after first-quarter profit fall
    Reuters

    Telefonica withdraws 2020 guidance after first-quarter profit fall

    Spanish telecoms company Telefonica SA <TEF.MC> withdrew its 2020 financial guidance after reporting a sharp fall in first-quarter net profit on Thursday. Net profit fell to 406 million euros ($438 million) from 926 million a year earlier on revenue of 11.37 billion, in line with forecasts from analysts polled by the company. Europe's fourth-largest telecoms firm by market value said the impact on profits of the coronavirus was limited, as lower revenues from roaming, prepaid and business customers were partly offset by lower commercial costs and lower customer churn.

  • Liberty Global, Telefónica agree 24 billion pound deal to merge UK groups - FT
    Reuters

    Liberty Global, Telefónica agree 24 billion pound deal to merge UK groups - FT

    The companies are expected to announce the deal to merge Telefonica's British mobile operator O2 and Liberty's Virgin Cable network company on Thursday after five months of negotiations, the newspaper said citing sources. The parent companies, which expect to achieve 700 million pounds worth of synergies by merging, would have equal ownership of the combined entity, the report said, adding that Telefónica would receive 5.5 billion pounds in cash to help it reduce its heavy debt. Liberty Global and Telefónica did not immediately respond to Reuters requests for comment.

  • Telefonica shares rise on O2-Virgin Media merger talks
    Reuters

    Telefonica shares rise on O2-Virgin Media merger talks

    The two have started a negotiation process to merge Telefonica's British mobile operator O2 and Liberty's Virgin Media network company, the Spanish company said in a stock market filing. There is "no guarantee, at this point, of its precise terms or its probability of success," Telefonica added.

  • Why Liberty Global Stock Went Up Today
    Motley Fool

    Why Liberty Global Stock Went Up Today

    What happened Shares of both Liberty Global (NASDAQ: LBTYA)(NASDAQ: LBTYK) and Telefonica (NYSE: TEF) traded higher on Friday, after Bloomberg reported these telecommunication companies are planning to merge operations in the United Kingdom.

  • Telefonica seeks to merge Britain's O2 and Virgin Media - sources
    Reuters

    Telefonica seeks to merge Britain's O2 and Virgin Media - sources

    Spain's Telefonica SA <TEF.MC> is in talks with billionaire John Malone's Liberty Global Plc <LBTYA.O> to explore a merger of its British mobile operator O2 with Liberty's Virgin Media cable network company, two sources familiar with the matter said. Telefonica has been weighing options for the mobile business since 2016 when a previous 10.3 billion pound deal takeover of O2 by Three UK, controlled by CK Hutchison Holdings <0001.HK>, was blocked by European antitrust regulators, banking sources said. A combination of O2 and Virgin Media would reshape Britain's telecoms industry, leaving Hutchison and Vodafone <VOD.L> stranded without their own fixed-line consumer networks.

  • Reuters

    RPT-UK broadband providers lift data caps during coronavirus crisis

    Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT, Virgin Media , Sky and TalkTalk, committed to support and protect vulnerable customers during the pandemic after talks with the government and regulator Ofcom.

  • Telefonica, TIM plan joint bid for Oi's mobile business in Brazil
    Reuters

    Telefonica, TIM plan joint bid for Oi's mobile business in Brazil

    Shares in Telefonica Brasil SA <VIVT4.SA> and TIM Participações SA <TIMP3.SA> rose in the morning trading as both companies said they are planning a joint offer to buy the mobile unit of bankrupt Brazilian carrier Oi SA <OIBR3.SA>. The move comes months after the struggling carrier, which filed for bankruptcy protection in June 2016, told market participants early in December it had hired financial advisors to put a value on its mobile unit. Preferred shares in Oi rose as much as 18% on Wednesday morning, while TIM stocks surged up to 8.3% and Telefonica Brasil climbed 4.4% before trimming earlier gains.

  • Telefonica (TEF) Incurs Loss in Q4, Revenues Decline Y/Y
    Zacks

    Telefonica (TEF) Incurs Loss in Q4, Revenues Decline Y/Y

    Telefonica's (TEF) fourth-quarter results reflect changes in the perimeter and the effect of currency depreciation.

  • Reuters

    Global telcos join Alphabet, SoftBank's flying cellphone antenna lobbying effort

    Alphabet and SoftBank's attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energising lobbying efforts aimed at driving regulatory approval for the emerging technology. Loon, which was spun out of Google parent Alphabet Inc's business incubator, and HAPSMobile, a unit of SoftBank Group Corp's domestic telco, plan to deliver high speed internet to remote areas by flying network equipment at high altitudes.

  • Shares in Spain's Telefonica dive after 2019 net profit disappoints
    Reuters

    Shares in Spain's Telefonica dive after 2019 net profit disappoints

    Shares in Spain's Telefonica <TEF.MC> dived in opening trade on Thursday, leading losers on Madrid's blue-chip index after the company posted a sharp fall in net profit mainly due to an expensive layoff programme in its home country. Along with its peers, Europe's fourth-largest telecoms group is battling to boost profit growth in an increasingly crowded market, and promised to reinvent itself in November. As part of the turnaround plan, Telefonica offered early retirement to employees aged 53 or over in Spain, contributing to 2.2 billion euros in restructuring provisions that led to a 66% fall in reported full-year net income.

  • Reuters

    Spanish health authorities say no reason to cancel Mobile World Congress

    Spanish health officials said on Wednesday there was no reason to cancel the Mobile World Congress in Barcelona over coronavirus fears, despite major companies pulling out of the event. National Health Minister Salvador Illa said the government's goal was protecting people's health, but that it would take additional measures if necessary. The assurance came after behind-the-scenes pressure on Spanish authorities to declare that holding the event in Barcelona would pose a public health risk, which could potentially in turn trigger a payout on any event insurance taken out by the organisers.

  • Ciena Partners With Telxius to Deploy WaveLogic Technology
    Zacks

    Ciena Partners With Telxius to Deploy WaveLogic Technology

    Ciena (CIEN) provides its much-acclaimed WaveLogic 5 Extreme technology to Telxius to deliver high-end programmability and networking solutions across long-haul set-up and submarine applications.

  • Bell Seeks Regulator Approval for AI-Based Call Block Trial
    Zacks

    Bell Seeks Regulator Approval for AI-Based Call Block Trial

    The approval from the regulatory agency is likely to strengthen the market position of BCE's Bell Canada and enable it to thwart the growing menace of unwanted spam calls.

  • Comtech Powers Indian Motorcycle's Connected Ride Experience
    Zacks

    Comtech Powers Indian Motorcycle's Connected Ride Experience

    With specialized routing and intuitive search capabilities, Comtech (CMTL) offers the iconic motorcycle manufacturing firm a competitive edge over rivals for an unrivalled biking solution.

  • Cincinnati Bell-YouTube TV Boost On-Demand Streaming Services
    Zacks

    Cincinnati Bell-YouTube TV Boost On-Demand Streaming Services

    Cincinnati Bell (CBB) teams up with YouTube TV to deploy the latter's on-demand streaming services in Greater Cincinnati and Hawaii through cost-efficient content platform.

  • TEF or BCE: Which Is the Better Value Stock Right Now?
    Zacks

    TEF or BCE: Which Is the Better Value Stock Right Now?

    TEF vs. BCE: Which Stock Is the Better Value Option?

  • Telefonica to drastically reduce Huawei kit for its core 5G network
    Reuters

    Telefonica to drastically reduce Huawei kit for its core 5G network

    Spain's Telefonica plans to drastically reduce the amount of equipment it buys from Chinese technology giant Huawei [HWT.UL] for the core of its next-generation mobile networks in Europe, its Chief Technology and Information Officer (CTIO) said. Choosing manufacturers for network equipment has become a political hot potato since Washington imposed an export ban on Huawei, the global market leader, but Telefonica's shift away was "a purely technical decision", CTIO Enrique Blanco said. Until now, Telefonica has relied entirely on Huawei for its core 4G networks in key markets of Spain and Germany, but under the new strategy, this will disappear by 2024.

  • Is Telefonica (TEF) a Profitable Stock for Value Investors?
    Zacks

    Is Telefonica (TEF) a Profitable Stock for Value Investors?

    Let's see if Telefonica (TEF) stock is a good choice for value-oriented investors right now from multiple angles.