Telefónica’s pay-TV subscriber base in its home market Spain fell by 5.4% in the year to September 30.
According to the company’s latest results, it stood at 3,553,100 at the end of Q3, down from 3,755,500 a year earlier.
However, the telco points out there was a continuing sequential improvement, – 36,000 in Q3 v -58,000 in Q2, with a higher number of football customers renewed their subscription after cancelling it over the summer.
Telefónica also says there was an improvement in fixed broadband, up 3% year-on-year to 5,853,900 in Q3, and fibre now accounts for over 87% of broadband customers.
Telefónica Group as a whole had revenues of €10,343 million in Q3, up 11.2% on the previous year. OIBDA was €3,249 million (-13%) and net income €460 million (-34.9 %).
