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General

Telefonica Spain returns to growth in Q3, boosted by new Fusion options

Thursday 26 October 2017 | 08:36 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported service revenues of EUR 3.09 billion in the third quarter of 2017, up 0.4 percent compared to a year earlier and an improvement on the previous quarter's 1.9 percent decline, driven by the increased penetration of high value services, above all due to the operator's new lower cost "Fusion+" convergent options launched in July. However, the company's operating income before depreciation and amortisation (OIBDA) for the quarter fell 3.5 percent year on year at EUR 1.31 billion while the margin decline by 1.4 percentage points year on year

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