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Telefónica gains in Spain

November 5, 2019 11.14 Europe/London By Chris Dziadul

Telefónica ended the third quarter with 4,088,500 pay-TV subscribers in its home market Spain.

Although this was 1.3% up on the same period last year, it was lower than the 4,106,100 total posted three months earlier.

Meanwhile, its broadband total stood at 6,078,300 (-0.5%) in Q3, of which 4,246,900 (+11.1%) were FTTH.

Its convergent IPTV/satellite total amounted to 3,799,000 as of Q3 up 4.8% on the same period last year.

In its latest set of results, the company notes that convergent customers in total grew to 4.7 million, or by 2% year-on-year, to September 30.

Moreover, they generated 41% of service revenues.

Furthermore, the higher quality of the customer base resulted in ARPU growing to €90.6 in the quarter, up 1.7% year-on-year.

Telefónica Group as a whole had revenues of €11,902 million in Q3, up 1.7% reported and 3.4% organic on a year earlier, with Spain accounting for 27% of the total.

Revenues in Spain were 1% up on a year earlier.

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Filed Under: Newsline Tagged With: Spain, Telefonica Edited: 5 November 2019 11:14

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