Earnings: Latin America Boosts Telefonica

By Dianne See Morrison Feb. 28, 2008, 7:07pm Comments Off

Spanish telecoms firm Telefonica (NYSE: TEF) reported fourth quarter earnings today. Fourth quarter profits rose to 1.06 billion euros ($1.6 billion) from 1.04 billion euros a year ago, with sales rising to 14.4 billion euros from 14.2 billion euros. Growth in Latin America helped Europe