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General

Telefonica Spain improves sales for first time since 2008

Friday 6 November 2015 | 09:23 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported third-quarter revenues up 0.2 percent year on year to EUR 2.998 billion, the first quarterly growth in seven years, boosted by the 126,000 new subscribers to its Movistar Fusion convergent package over the July to September period. Telefonica said the ongoing recovery of its domestic business was driven by an increase in higher value customer segments due above all to an improvement in private consumption. The company's operating income before depreciation and amortization (OIBDA) came in at EUR 1.335 billion, down 2.9 percent

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