Wireless Telecommunication Services
Company Overview of Xfera Móviles, S.A.
Xfera Móviles, S.A. operates mobile networks. The company was incorporated in 2000 and is based in Alcobendas, Spain. As of June 14, 2006, Xfera Móviles, S.A. operates as a subsidiary of TeliaSonera Aktiebolag (publ).
Avenida de la Vega, 15
Founded in 2000
Key Executives for Xfera Móviles, S.A.
Compensation as of Fiscal Year 2015.
Xfera Móviles, S.A. Key Developments
Yoigo Reports Earnings Results for the Second Quarter of 2015
Jul 17 15
Yoigo reported earnings results for the second quarter of 2015. The company reported a 2% fall in net sales to the equivalent of SEK 1.92 billion in second quarter of 2015, a significant improvement compared to declines of 7.3%, 21.9% and 25.3% in the three previous quarters. EBITDA fell by 17.7% to SEK 163 million, with its EBITDA margin declining to 8.5% from 11.1% in the year-earlier period due to costs related to postpaid customer intake, lower interconnect revenues and higher low-margin equipment sales.
Virgin Group Seeks Acquisitions in Xfera Móviles.
Jun 12 15
Virgin Group Holdings Limited has expressed an interest in acquiring TeliaSonera Aktiebolag (publ)’s Spanish subsidiary Xfera Móviles, S.A. The negotiations are being led by Juan Villalonga, former chairman and Chief Executive Officer of Telefonica, who now acts as business advisor to Virgin Mobile Latin America (VMLA) and is co-founder of the investment fund Emergent Telecom Ventures. Xfera Móviles declined to comment on Virgin's potential interest in Xfera Móviles. When TeliaSonera sought to dispose of its Xfera Móviles stake in 2012, it failed to attract bids matching its €1 billion valuations from interested companies such as Vodafone and Orange.
Yoigo Announces Earnings Results for the First Quarter of Fiscal 2015
Apr 22 15
Yoigo announced earnings results for the first quarter of fiscal 2015. For the quarter, the company announced a 7.3% fall in net sales to the equivalent of SEK 1.85 billion, with its parent company TeliaSonera attributing the decline to lower voice and messaging revenues resulting from ongoing price erosion. EBITDA increased to SEK 93 million in the first quarter, compared to a negative SEK 84 million in first quarter of 2014 due to lower subsidies and commissions as well as cost saving activities.
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