César Alierta

Telefónica sees quarterly dip in revenue and net profit

Spanish operator group Telefónica has seen its revenues and net profit drop in the quarter ending September 30, 2013. Revenue for the quarter fell to €14.06m, a 9.5 per cent decline on the €15.54m generated in 3Q12, while net profit fell 21.1 per cent year on year, from €1.38m in 3Q12 to €1.09m in 3Q13.

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