Telefónica in the red; pay-TV subs rise
Spanish telco Telefónica has reported a 2023 operating a loss of €892 million as a result of a write-off of its UK business (Virgin Media O2) and the cost of its layoff plan in Spain affecting some 3,400 employees.Telefónica suffered its first annual losses since 2002, although the future trend is pssitive. The company reported […]