Telefonica SA (NYSE:TEF) will release the third quarter earnings for 2009 on Thursday, November 12. The financial results will be posted on the company’s website, www.telefonica.com, on the Earnings Releases page of the Shareholders & Investors section. A conference call will be held at 10:00 am ET that morning to discuss the financial results. The presentation in PDF format will be available on the company’s website one hour before the start of the call.
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Telfonica has recently announced the signing of a contract with Telecom Italia SpA. The contract was for the acquisition of HanseNet Telekommunikation GMBH, a broadband operator wholly owned subsidiary of Telecome Italia. The transaction is valued at EUR 900 million and is expected to be finalized in 2010.
Telefonica, S.A. (Telefonica), together with its subsidiaries and investees, operates in the telecommunications, media and contact center industries. The Company is also involved in the media and contact center activities through investments in Telefonica de Contenidos and Atento. The Company operates in three business areas: Telefonica Spain, Telefonica Europe and Telefonica Latin America. In Latin America, Telefonica provides service to more than 158 million customers in Brazil, Argentina, Chile and Peru, and has substantial operations in Colombia, Ecuador, El Salvador, Guatemala, Mexico, Morocco, Nicaragua, Panama, Puerto Rico, Uruguay and Venezuela. In Europe, it has operating companies in the United Kingdom, Ireland, Germany, Czech Republic and Slovakia. In May 2008, the Company sold part of its real estate portfolio to Bohemia Real Estate Investments. On April 3, 2008, Vivo Participacoes, S.A. completed the acquisition of 53.90% of Telemig Celular Participacoes, S.A.
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