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Madrid, Aug 2 (EFECOM) .- Telefónica, Orange, Vodafone and MásMóvil entered this second quarter of 2020 in Spain with 5,691 million euros, 4.7% less than in the same period last year, despite the increase in use phone and internet during confinement.

The one that saw its income drop the most in Spain from April to June compared to the same period last year was Vodafone, which billed 8.

2% less and stayed at 994 million euros; followed by Orange, with 6.8% less and registered 1,216 million, and Telefónica, which fell 5.2% and invoiced 3,028 million euros.

Unlike the other three, the fourth operator, MásMóvil, again registered an increase in revenues of 10% and stood at 453 million euros.

If MásMóvil is left out, the other three companies decreased their turnover by 5.84%, achieving 5,238 million euros in revenue.

During this quarter, all of them reported an increase in the consumption of voice, data and internet calls, although they also showed a decrease in device sales due to the closure of establishments. The ban on portability during the state of alarm and higher spending related to the measures implemented by covid, also affected its results, according to the companies who agreed during the presentation of their results.

The price war in the sector has had a negative impact on the turnover of telephones, although this is not a novelty for the quarter, but rather comes from behind.

REVENUES FELL 6.69% GLOBALLY

Globally, the three main operators (Telefónica, Orange and Vodafone) reported revenues of 25,439 million euros, 6.69% less than in the same quarter last year.

Of all of them, the one that saw the most decrease its income was Telefónica, which with 10,340 million, fell by 14.8%, in a quarter in which the Spanish multinational was overtaken by the Vodafone group in terms of turnover. The British company billed 10,506 million euros, after lowering revenue, but less than Telefónica – 1.4%.

On the contrary, Orange registered an increase in income of 2.7%, with 4,593 million turnover in this second quarter of the year.

In this international context due to the coronavirus, Telefónica was also affected by the currency exchange, which had an impact in its second quarter of 297 million euros on its turnover, as recalled by its president, José María Álvarez-Pallete, in presentation of results.

SURPRISE FOR THE BEHAVIOR OF TELECOS

XTB analyst Joaquín Robles has spoken on this matter in statements to EFE and has been “surprised” by the results and behavior on the stock market of operators in this context of coronavirus, in which they have registered an increase in demand, among other reasons for teleworking.

He has mainly referred to Telefónica, a company that continues to reduce debt, which continues to be above its capitalization given the decrease in its market value, as he recalled.

The fall in the Telefónica stock market is also in line with what the telephones are registering in Europe, where they have made significant investments in infrastructure that for the moment have not been able to make a profit, as explained.

In Spain, they are also affected by the price war in the sector, which causes lower incomes and profitability.

3% LESS THAN IN THE LAST QUARTER

If we compare with the last quarter, Telefónica, Orange, Vodafone and MásMóvil, entered 3% less from April to June than from January to March 2020, when they billed 5,867 million euros.

In this first trimester, the coronavirus affected especially in the second half of March. Even then, the Chairman of Telefónica warned that the negative effects of covid-19 would be more noticeable in the second quarter.

Pallete explained that as of June, an improvement has been perceived considering that 100% of the stores were open.

IN JUNE, CONSUMPTION IS EVEN HIGHER THAN BEFORE THE PANDEMIC

In mid-June, the use of the telephone, landline and mobile, for calls and the internet, was around a quarter above the level it had in Spain before the coronavirus pandemic, according to the information provided by the four main operators.

Belén Molleda

(c) EFE Agency

News Source: cvbj.biz

Tags: an increase in second quarter million euros

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Mums are raving about B&Q’s £57 room dividers which instantly give warring kids their own space

MUMS are raving about room dividers from B&Q which instantly gives kids their own space - on a budget. 

While you can’t magic up another room in your house, you can easily create one by splitting a bedroom in half. 

13If you need to conjure up a new room - look no further than B&Q
  • Karalis Cut out Adjustable height Room divider, B&Q, £57 - buy now

Weary parents have hailed this hack as a lifeline in their household, as their kids began demanding their own space. 

B&Q’s wall dividers, called Karalis, have emerged as the most popular method to split a room, with a divider costing £57 each. 

Parents have been sharing their DIY skills to various Facebook groups, with the dividers coming in a natural finish so you can paint them to suit all ages and tastes. 

One mum, Melissa Ramage, went for a pink unicorn theme in her house, saying: “Split my kids room in half using the bnq wall dividers and I am over the moon with how they turned out!”

13Mum Melissa painted one side of her dividers baby pinkCredit: DIY On A Budget Official 13She kept the other side neutral, with the colour scheme matching the bunk bedsCredit: DIY On A Budget Official

Lauren Courtney wrote: “Room dividers cost £57 each absolute bargain in my opinion, me and my son now have our own space.

“They are b&q for £57 a panel and I have two 1 metre wide by 2.2m tall without the legs.” 

Mopsy Prophet split a room for her son and daughter, saying: “Divided my son (6) and daughter (2) bedroom in half using the B&Q bedroom dividers, this is my daughter’s half using the enchanted forest theme.” 

13Lauren used the room divider to split a room between her and her sonCredit: DIY On A Budget Official 13One side has a cot while the other is very grown up bedroomCredit: DIY On A Budget Official

And Erin McGill said: “Split my kids room so they have their own space... used kallax units for the beds and karalis room dividers from b&q.”

Their posts have racked up thousands of likes, as people praised the dividers - which can be cut and adjusted to fit most room sizes and shapes. 

One person commented: “I’ve got them and they look lovely. They are easy to put up and nice to paint too.”

13Erin went for a baby pink design on one side of her dividers 13She went for a chic triangular design on the other side in blue tones

Someone else added: “I have them I had to cut off the bottom bit to get it to fit. They are effective work well easy to install.” 

A third raved: “Looks amazing!”

This person wrote: “I have used them, had to saw a few inches off the bottom, I wallpaper both sides of mine really do the job well and so cheap to transform a room, will take pics when I get home.” 

13Mopsy also went for a baby pink look - a popular theme among bedroom makeovers Credit: DIY On A Budget Official 13Mopsy completed the look with faux flowers and matching accessories Credit: DIY On A Budget Official

Someone else thought: "What a transformation it's amazing."

This mum commented: "These are great bought 2 to separate my room up when I had a baby used an expensive white silk paint that was in the sale for £4 to paint in and it looks great."

While another added: “How good does this look and clever idea with the unit/bed.”

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While this girl, 16, transforms her bland wooden chest of drawers to gold and navy using £16 B&Q roll.

Plus this thrifty mum gives her entire kitchen a makeover for just £32 using bargains from B&Q and Amazon.

And this woman transforms her bland, boring kitchen into a bright and modern space for just £90.

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