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Telefonica ‘to cut 2,500 more jobs’ 
Telefonica consider job cull Telefonica, Europe’s largest phone company, has surprised the market by announcing a bigger than expected dividend despite the downturn.
The Spanish operator is forecasting strong revenue growth through to 2012 along with a rise in operating income. Latin America is expected to continue powering Telefonica forward, with more people getting mobile phones as the region’s population gets richer.More about: Spain, TelecommunicationCopyright © 2012 euronews
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