Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Madrid  >  Telefonica S.A.    TEF   ES0178430E18

TELEFONICA S.A.

(TEF)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Telefonica S A : Prosegur and Telefónica close the deal for the joint management of the alarm business in Spain

share with twitter share with LinkedIn share with facebook
share via e-mail
02/28/2020 | 02:43am EDT
  • The price of the transaction, subject to standard adjustments, totals €305,614,004. Full amount paid in Telefónica shares.

  • The collaboration between the two companies aims to lead the security sector with innovative features for residential and small business customers

  • In the context of this pioneering association the presence of Prosegur among Telefónica's shareholders will reinforce the determination to build a strategic relationship that generates value for the partners.

Madrid, 28 February 2020. Prosegur and Telefónica have completed the transaction whereby the latter has acquired 50% of Prosegur's alarm business in Spain. The final amount of the transaction totals €305,614,004, subject to the standard adjustments related to debt, working capital and existing customers.

The telecommunications company paid the total of this transaction in [•] Telefónica shares. In order to implement the usual protection mechanisms for transactions of this kind, Prosegur has undertaken, among other obligations, to accept certain restrictions on the transferability of the Telefónica shares.

The purpose of the partnership between Prosegur and Telefónica is to capitalise on the opportunity for growth provided by the alarm market in Spain, based on the excellent strategic fit and the complementary nature of the two partners. Telefónica will provide a high degree of distribution capability, resources and capillarity. As for Prosegur, it will contribute its own operational assets and a management team with extensive experience in the security market.

This is a pioneering association with the aim of leadership, driven by two partners who are major players in their sectors. Within this context, the presence of Prosegur among Telefónica's shareholders will reinforce the determination to build a strategic relationship that generates value for the partners.

Within the next few days the company will present the brand under which it will operate and its new range of products.

About Telefónica

Telefónica is one of the largest telecommunications companies in the world by market capitalization and number of customers with a comprehensive offering and quality of connectivity that is delivered over world class fixed, mobile and broadband networks. As a growing company it prides itself on providing a differential experience based both on its corporate values and a public position that defends customer interests.

The company has a significant presence in 14 countries in Europe and Latin America and over 344 million accesses.

Telefónica is a 100% listed company and its shares are traded on the Spanish Stock Market and on those in New York and Lima.

Contact

Juan Emilio Maíllo

Telephone number: +34.689.86.90.34

email: prensatelefonica@telefonica.com

About Prosegur

Prosegur is a global leader in the private security sector. Across its three business lines - Prosegur Security, Prosegur Cash and Prosegur Alarms - Prosegur provides companies and households with reliable security services using the most advanced market solutions. With a global presence, Prosegur reported sales of 4.198 billion euros in 2019 and is listed on the Spanish stock exchanges under the ticker code PSG, with a team that currently numbers more than 160,000 employees.

The company's social initiatives are directed through the Prosegur Foundation, which, with 31,111 beneficiaries in 2019, focuses on four key pillars: education, employment inclusion for people with intellectual disabilities, corporate volunteering and cultural development.

For more information, visit www.prosegur.com

Contact:

Pablo de Santiago

Telephone number: +34.915.898.431

Email: comunicacion.corporativa@prosegur.com

Disclaimer

Telefónica SA published this content on 28 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2020 07:42:00 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on TELEFONICA S.A.
03/28UK broadband providers lift data caps during coronavirus crisis
RE
03/28UK broadband providers lift data caps during coronavirus crisis
RE
03/25Vodafone, Deutsche Telekom, six other telcos to help EU track virus
RE
03/19TELEFONICA S A : Telefónica Germany connects ALDI
PU
03/18TELEFONICA S A : Telefónica joins forces with Altiostar, Gigatera Communications..
PU
03/17Can networks cope with millions working from home? So far, yes
RE
03/17Britain's O2 says some customers struggling with voice calls
RE
03/15TELEFONICA S A : Operators advise a rational and responsible use of telecommunic..
PU
03/13UK's Ofcom Outlines Rules for 5G Spectrum Auction
DJ
03/13TELEFONICA S A : Telefónica and Idrica will offer an IoT solution for the manage..
PU
More news
Financials (EUR)
Sales 2020 46 935 M
EBIT 2020 6 159 M
Net income 2020 3 081 M
Debt 2020 42 846 M
Yield 2020 9,69%
P/E ratio 2020 7,19x
P/E ratio 2021 6,70x
EV / Sales2020 1,36x
EV / Sales2021 1,32x
Capitalization 21 118 M
Chart TELEFONICA S.A.
Duration : Period :
Telefonica S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TELEFONICA S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 7,28  €
Last Close Price 4,13  €
Spread / Highest target 203%
Spread / Average Target 76,4%
Spread / Lowest Target -47,7%
EPS Revisions
Managers
NameTitle
José María Álvarez-Pallete López Executive Chairman & Chief Executive Officer
Ángel Vilá Boix Chief Operating Officer & Director
Laura Abasolo García de Baquedano Chief Financial & Control Officer
Alejandro Ramos Chief Information Security Officer
Isidro Fainé Casas Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
TELEFONICA S.A.-33.69%23 415
VERIZON COMMUNICATIONS-14.06%218 468
NIPPON TELEGRAPH AND TELEPHONE CORPORATION-1.75%90 828
DEUTSCHE TELEKOM AG-19.68%61 539
SAUDI TELECOM COMPANY0.85%44 087
BCE INC.-8.64%34 490