Telefonica is now serving one million customers in Europe, principally in Spain and the Czech Republic, through its IPTV services.
The news acted as a minor fillip to the telco, which saw first quarter profits half after the value of its stake in Telecom Italia fell after a capital increase and prices in Spain were reduced amid the continuing recession.
In the Czech Republic, pay-TV customers increased 7% to 138,000 at the end of March 2012.
In Spain, pay-TV connections stood at 813,000 at the end of March, an increase of 3% year-on-year, but down from the 833,000 reported at the close of 2011.
About Julian Clover
