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Telefonica (TEF -8.6%), Telecom Italia (TI -5.9%), and France Telecom (FTE -4%) slump following...

Telefonica (TEF -8.6%), Telecom Italia (TI -5.9%), and France Telecom (FTE -4%) slump following Vodafone's (VOD -2.3%) disappointing FQ1 report. The carrier reported Y/Y revenue declines of 7.7% and 10%, respectively, for its Italian and Spanish ops. A downbeat Spanish GDP forecast and a general selloff in Euro stocks probably aren't helping either.
Comments (3)
  • Folks, we are on shorts again!. Wait until next wednesday,the world will be okay again!.
    Don't sell !!.
    20 Jul 2012, 11:40 AM Reply Like
  • Where do we go from here...Telefonica keeps losing value every day I read about them.
    20 Jul 2012, 01:54 PM Reply Like
  • Take it easy, buy a package of shares when it's low like now, the other leave it on long, and sell it when you see a reasonable profit!
    Ore keep it,and you lover the cost of your investment with (TEF)!.
    Maybe you observed that all the market is down, also that have nothing specifically to do with (TEF).
    20 Jul 2012, 02:06 PM Reply Like
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