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General

Telefonica Spain grows FY revenues for first time in 10 years, up 0.3% in Q4

Thursday 21 February 2019 | 09:27 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.25 billion in the fourth quarter of 2018, up 0.3 percent year on year compared to a 0.1 percent rise in Q3 on the back of customer gains and higher ARPU in both mobile and fixed broadband, partly offset by the loss of MVNO contracts (Yoigo and Pepephone) and lower handset sales. The company was also keen to stress that 2018 saw its first organic growth in annual revenues in a decade in Spain, up 0.4 percent year on year to EUR 12.71 billion following six consecutive quarterly rises.

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Categories: General
Companies: Movistar / Netflix / Telefonica / Telefonica Espana
Countries: Spain
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