{"id":951188,"date":"2025-07-31T07:25:21","date_gmt":"2025-07-31T01:55:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=951188"},"modified":"2025-07-31T07:35:47","modified_gmt":"2025-07-31T02:05:47","slug":"telefonica-books-59-million-net-loss-in-second-quarter-on-currency-swings-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/31\/telefonica-books-59-million-net-loss-in-second-quarter-on-currency-swings-2\/","title":{"rendered":"Telefonica books $59 million net loss in second quarter on currency swings"},"content":{"rendered":"<p>MADRID: Spanish telecom giant Telefonica booked a net loss of 51 million euros ($58.93 million) in the second quarter due to currency swings and capital impairments on assets sold in Latin America. <\/p>\n<p>The company&#8217;s net loss during the quarter compared with a 417 million euro net profit in the same period a year ago. <\/p>\n<p>Its overall revenue in the quarter fell 3.7% to 8.95 billion euros, it said, mainly because of the depreciation of the Brazilian real against the euro.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MADRID: Spanish telecom giant Telefonica booked a net loss of 51 million euros ($58.93 million) in the second quarter due to currency swings and capital impairments on assets sold in Latin America. The company&#8217;s net loss during the quarter compared with a 417 million euro net profit in the same period a year ago. Its overall revenue in the quarter fell 3.7% to 8.95 billion euros, it said, mainly because of the depreciation of the Brazilian real against the euro.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-951188","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=951188"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/951188\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=951188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=951188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=951188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}