0
General

Telefonica Spain revenues down 1.6% in Q1, fibre accesses soar to 6.7 mln

Thursday 7 May 2020 | 09:28 CET | News
Telefonica's domestic unit (Telefonica Espana) reported revenues of EUR 3.06 billion in the first quarter of 2020, down 1.6 percent compared to a year earlier and attributed to early impact from the Covid-19 pandemic, which mainly affected sales of handsets (-15.8%) and convergent bundles to bars and restaurants. Service revenues were down 1.2 percent year on year due to the slowdown in non-convergent communications revenues and lower bolt-ons following the increased data capacity offered across converged bundles. However, wholesale and other revenues improved by 10.4 percent year on year,

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Movistar / O2 Spain / Telefonica / Telefonica Espana
Countries: Spain
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica Spain revenues slide another 4% in Q3, passes 24 mln fibre homes

Published 29 Oct 2020 09:25 CET | Spain
Telefonica's domestic unit (Telefonica Espana) announced revenues of EUR 3.10 billion in the third quarter of 2020, down 4.3 ...

Telefonica rebrands Spanish prepay bundles

Published 26 Oct 2020 10:16 CET | Spain
Telefonica is set to change the names of its range of prepay bundles to avoid confusion following last month's revamp, reports ...

Digi Spain and Telefonica extend MVNO deal to 2026

Published 09 Oct 2020 16:00 CET | Spain
Romania's Digi Communications Group has announced an extension to its wholesale agreement with Telefonica, allowing its Spanish ...

Telefonica discounts Fusion plans for 6 months

Published 26 Aug 2020 09:41 CET | Spain
Telefonica has extended several offers tied to its Movistar Fusion convergent plans ahead of the start of the football season on ...

Telefonica Spain revenues down over 5% in Q2, commits to 100% fibre coverage by 2025

Published 30 Jul 2020 09:12 CET | Spain
Telefonica's domestic unit (Telefonica Espana) reported revenues of EUR 3.03 billion in the second quarter of 2020, down 5.2 ...

Spanish govt launches EUR 140 bln 'Spain Digital 2025' plan

Published 24 Jul 2020 11:48 CET | Spain
Spain's prime minister Pedro Sanchez has announced the launch of an ambitious new drive to bring internet at speeds of at least ...

Telefonica phases out Fusion Base convergent plan

Published 22 Jul 2020 09:22 CET | Spain
Telefonica has decided to phase out its basic Movistar Fusion convergent plan just under two years after introducing it following ...

Telefonica unveils two new Fusion plans with unlimited data for EUR 50 a month

Published 20 Jul 2020 08:54 CET | Spain
Telefonica has launched two new low-cost versions of its Movistar Fusion convergent plan with pay-TV but no football, both of ...

AMC Studios and Movistar+ to produce Amenabar's TV debut

Published 17 Jul 2020 08:56 CET | Spain
AMC Studios and Movistar+, the pay-TV division of Spain's Telefonica, are teaming up for the first time to produce a new original ...

Telefonica adds picture in picture function to Movistar+ TV

Published 03 Jul 2020 09:05 CET | Spain
Telefonica has announced that subscribers to its Movistar+ pay-TV platform will be able to watch two channels at the same thanks ...

Spain's Virgin Telco inks deal to use Telefonica FTTH network

Published 02 Jul 2020 14:00 CET | Spain
The new Virgin Telco brand will use the Movistar Spain FTTH network to offer fibre packages throughout the country after owner ...

Telefonica pledges EUR 75 mln to boost digitalisation of Spanish SMEs

Published 23 Jun 2020 12:36 CET | Spain
Telefonica announced that its charitable arm, Fundacion Telefonica, will be allocating a total of EUR 75 million to promote the ...

Telefonica installs beach overcrowding system in Lloret de Mar

Published 22 Jun 2020 14:56 CET | Spain
Telefonica has announced a contract with Lloret de Mar city council to install a video surveillance system that uses IP cameras ...

Telefonica preparing to launch basic convergent pack with 600Mbps fibre for under EUR 55

Published 19 Jun 2020 09:39 CET | Spain
Telefonica is set to replace its basic 'Movistar Fusion 0' convergent offer with a new plan called 'Movistar Conecta Max' ...

Movistar Spain revamps additional mobile lines

Published 18 Jun 2020 10:30 CET | Spain
Movistar Spain (Telefonica) has revamped its range of second mobile lines shortly after simplifying its postpay offer. The ...

Telefonica, Atresmedia unveil joint content production studio Buendia

Published 18 Jun 2020 09:20 CET | Spain
Telefonica and commercial broadcaster Atresmedia have announced the official launch of their joint project to create and produce ...

Telefonica to offer Movistar Fest music channel throughout summer

Published 12 Jun 2020 09:16 CET | Spain
Telefonica will be offering an exclusive music-themed pop-up channel on its Movistar+ IPTV platform throughout the summer, ...

Google to open new Spain cloud region, expand Telefonica partnership

Published 11 Jun 2020 09:05 CET | Spain
Telefonica and Google Cloud have announced an agreement to expand their existing cloud and cybersecurity partnership to meet the ...

Movistar Spain adds unlimited data to more convergent plans

Published 03 Jun 2020 09:29 CET | Spain
Movistar Spain (Telefonica) has improved two more of its premium Fusion-branded convergent plans to include unlimited mobile data ...

Telefonica to retain Tuenti brand for low-cost mobile offering - report

Published 29 May 2020 09:15 CET | Spain
Telefonica is preparing to convert its youth-oriented Tuenti brand into a mobile-only brand to compete with the aggressive cost ...

Movistar Spain simplifies postpay offer with new Contrato XL plan

Published 25 May 2020 08:53 CET | Spain
Movistar Spain (Telefonica) has simplified its range of offers for postpay clients following last month's launch of its first ...

Telefonica cuts price of basic Fusion plan to EUR 50 for 6 months

Published 21 May 2020 14:46 CET | Spain
Telefonica has launched a new offer to promote several versions of its basic Movistar Fusion convergent plan, reports website ...

Telefonica closes EUR 894 mln debt repurchase

Published 21 May 2020 10:27 CET | Spain
Telefonica has announced the closure of four debt repurchase issues launched last week. In a statement to Spanish securities ...

O2 Spain launches 30GB bundle for EUR 10

Published 18 May 2020 14:47 CET | Spain
Telefonica Spain's low-cost O2 brand has launched a new bonus data bundle for premium convergent customers who run out of data ...

Video call traffic on Telefonica Spain network up 500% during lockdown

Published 15 May 2020 12:02 CET | Spain
Telefonica has revealed that the amount of data consumed by video calls on its Spanish network has quintupled since the ...

Telefonica to pay EUR 650 bonus to critical workers in May

Published 08 May 2020 10:01 CET | Spain
Telefonica has agreed to pay a EUR 650 one-off bonus to around 2,500 workers in Spain who have been most exposed to Covid-19 ...

Telefonica revenues down 5% in Latin America, Mexico returns to OIBDA growth

Published 07 May 2020 10:09 CET | Latin America
Telefonica said its operations in Latin America posted a 4.8 percent organic decline in total revenues to EUR 2.20 billion in the ...

Telefonica says limited impact from Covid-19 as Q1 organic revenues fall 1%

Published 07 May 2020 08:54 CET | Spain
Telefonica said it has seen limited impact on results so far from the Covid-19 pandemic, with the negative effects largely offset ...

Liberty Global, Telefonica to merge O2, Virgin Media in 50-50 joint venture in UK

Published 07 May 2020 08:17 CET | United Kingdom
Liberty Global and Telefonica have reached an agreement to merge their UK operations in a 50-50 joint venture. This brings ...

Telefonica Brasil grows EBITDA in Q1 on sales down 1.4%

Published 06 May 2020 15:47 CET | Brazil
Telefonica Brasil, which operates under the Vivo brand, reported a net profit of BRL 1.15 billion for the first quarter of 2020. ...

Telefonica Spain launches new voluntary retirement plan for corporate area workers

Published 20 Jan 2020 10:52 CET | Spain
Telefonica has launched a new voluntary retirement plan for employees in its corporate division that have worked for the company ...

Telefonica Spain accelerates revenue growth to 1% in Q3 as convergent ARPU passes EUR 90

Published 05 Nov 2019 10:01 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) accelerated its recent gradual growth in the third quarter of 2019, posting a 1.0 ...

Telefonica Spain seals deal to cut up to 4,500 jobs through voluntary retirement

Published 27 Sep 2019 15:18 CET | Spain
Telefonica has reached a collective bargaining agreement with the major trades unions UGT and CCOO affecting its entire ...

Telefonica Spain revenues up another 0.3% in Q2 on improved churn

Published 25 Jul 2019 08:55 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) continued its steady growth in the second quarter of 2019, with revenues up 0.3 ...

Telefonica Spain revenues up 0.3% in Q1, tops 4 mln fibre clients

Published 10 May 2019 09:21 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.11 billion in the first quarter of 2019, up 0.3 percent ...