Also in today's EMEA roundup: TeliaSonera set to sell Yoigo unit; Huawei collaborates on NB-IoT, cybersecurity; Proximus makes progress.
Discounting the effects of one-off items such as headcount-related cost-cutting measures in its domestic market, Telefónica 's 2015 net profits surged nearly 30% year-on-year to €5.78 billion (US$6.36 billion), on revenues that grew 4% in organic terms to €47.22 billion ($51.9 billion). During the course of the year, Telefónica increased its number of fiber customers by 350%, while LTE subscribers tripled. Looking ahead, the carrier is guiding for revenue growth of more than 4% in 2016. For more details, see this press release.
Belgium's Proximus saw underlying revenues rise 2.2% year-on-year in 2015, to €5.99 billion ($6.59 billion), while underlying EBITDA rose 4.9% to €1.73 billion ($1.9 billion). During the year, Proximus invested heavily in its fixed network, deploying vectoring technology to bring downlink speeds of 100 Mbit/s to a third of its customers. (See Proximus Raises Outlook on Strong Q2.)
The German government is maintaining its pressure on Facebook to remove hate messages from its social network, reports Bloomberg. Chancellor Angela Merkel's chief of staff met up with Mark Zuckerberg in Berlin on Thursday to press home the need for racist content to be removed from Facebook, particularly in the light of the large number of refugees currently entering Germany.
Pressing FB I will be interested to see how things fall out with the pressure being put on FB to remove content. How an american company functions other places is always interesting. At a recent Google event in Bangkok someone asked about them providing user data to the Military Government, when the Country Manager said they would always comply with legal requests he was greeted with harsh boos from the audiance.