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Late show boosts Telefónica figures

February 24, 2012 11.39 Europe/London By Chris Dziadul

Spain’s Telefónica gained 29,000 pay-TV subscribers in the last quarter of 2011 in its domestic market, ending the year with a total of 833,000.

This represented an increase of 6% on a year earlier.

The number of fixed broadband subscribers meanwhile stood at 5.6 million, with a net addition of 1,000 accesses in Q4 after two consecutive quarters of losses.

Telefónica saw an overall increase of 3.5% year-on-year in its revenues in 2011, with the total rising to €62,837 million.

Its net profit of €5,403 million was affected by several one-off accounting impacts, which if stripped out would have seen it fall by 16.6% year-on-year.

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Filed Under: Newsline Tagged With: Telefonica Edited: 24 February 2012 11:39

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