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Telefonica TV reaches one million in Europe

May 11, 2012 11.35 Europe/London By Julian Clover

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.

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Filed Under: Finance, Newsline Tagged With: Telefonica, Telefónica O2 Czech Republic Edited: 11 May 2012 11:35

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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