Telefónica ended September with 2.5 million pay-TV subscribers in its home market Spain, or 1.6 times more than a year earlier, gaining 275,000 in the third quarter alone.
The figure, which includes 120,000 DTH customers (gross additions and migrations from DTS), was boosted by such factors as the new Movistar+ offer, introduced in July.
Meanwhile, Movistar Fusíon gained 126,000 customers in Q3, ending the quarter with over 4 million.
As of the end of September, over half of Movistar Fusíon customers had opted for the new Movistar Fusíon portfolio, which had been launched in July integrating Digital+ content, and 450,000 TV customers signed up to a ‘TV Premium’ promotion offering its contents for €9.90 a month until the end of the year.
Telefónica España’s revenues in Q3 amounted to €2,998 million, reported and organic increases of 10.8% and 4.8% respectively on a year earlier.
OIBDA was €1,335 million (-2.9% and -2.9%), while the group’s net income as a whole for all its operations was €884 million, -1.9% down on the reported figure a year earlier.
