Telefónica is a global telecommunications operator, outside their home over the domestic income share income share. Major expansion of the Latin American market, through acquisitions, alliances and cooperation to expand the user scale and continue through business innovation and development of data services, expand their business in recent years, the Spanish telecom important means of income.
Downturn in the local market
Market competition inSpain Europe accounted for 25% of revenues, in the Spanish domestic market share of declining revenues, compared to only 32%. Latin America and Europe due to business expansion, the use of smart phones and mobile broadband usage growth in the third quarter of 2010, Telefónica's revenue growth. Among them, the 2010 first quarter net profit to 16.5 billion euros, an increase of 2% in the second quarter net profit of 1.83 billion euros a year earlier rose to 21.2 billion euros. Vivo acquisition driven by the third quarter of record revenue, net profit of 50.6 billion euros, higher than a year earlier to 18.8 billion euros.
Developed countries due to domestic and European telecommunications market is becoming saturated, increasing fatigue, increasing emphasis on the acquisition of Telefonica, alliances and cooperation to expand the user base.
Union, the Spanish Telecom and China Unicom reached 500 million U.S. dollars in equity swap agreements with theNetherlands also were telecommunications, the U.S. 2M Jasper Wireless, the French company Alstom and the Scandinavian operator Telenor, etc. to carry out cross-border multi-faceted cooperation. Through the alliance, Telefonica's global customer growth to 6.5 million, accounting for 10% of the world's population.
Application of innovative data services
In addition to expanding Latin American market, strengthening the alliance, the Spanish telecommunications has also focused on the business and technological innovation, to develop data services. On the one hand Telefonica cross through the establishment of a strong alliance, as education, health care, finance, climate change, the partner of choice in key areas, launched the e-Health, e-Finance, e-Learning and other services; the other hand, innovative mobile and Internet applications, the introduction of mobile VoIP call service, "green" mobile business, mobile search services, WIMS2.0 open platform, multi-screen integration services, etc.; Spanish telecommunications network also continues to accelerate technological upgrading, including the introduction of HSPA + plan LTE tests in multiple countries and the pilot, the backbone network upgrade testing.
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Downturn in the local market
Market competition in
Developed countries due to domestic and European telecommunications market is becoming saturated, increasing fatigue, increasing emphasis on the acquisition of Telefonica, alliances and cooperation to expand the user base.
Union, the Spanish Telecom and China Unicom reached 500 million U.S. dollars in equity swap agreements with the
Application of innovative data services
In addition to expanding Latin American market, strengthening the alliance, the Spanish telecommunications has also focused on the business and technological innovation, to develop data services. On the one hand Telefonica cross through the establishment of a strong alliance, as education, health care, finance, climate change, the partner of choice in key areas, launched the e-Health, e-Finance, e-Learning and other services; the other hand, innovative mobile and Internet applications, the introduction of mobile VoIP call service, "green" mobile business, mobile search services, WIMS2.0 open platform, multi-screen integration services, etc.; Spanish telecommunications network also continues to accelerate technological upgrading, including the introduction of HSPA + plan LTE tests in multiple countries and the pilot, the backbone network upgrade testing.
All right reserved!
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