0
General

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

Thursday 30 July 2020 | 09:12 CET | News
Telefonica's domestic unit (Telefonica Espana) reported revenues of EUR 3.03 billion in the second quarter of 2020, down 5.2 percent year on year due to heavy impact from the strict measures imposed to prevent the spread of Covid-19, above all affecting handset sales (-50.2%) and reducing out of bundle consumption. Service revenues fell 3.9 percent year on year, affected by lower retail sales resulting from the enforced closure of stores and reduced roaming. The lockdown also affected the company's operating income before depreciation and amortisation (OIBDA), which plunged 8.9 percent to EUR

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: O2 Spain / 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 adds more data and minutes to Spanish prepay bundles

Published 16 Sep 2020 09:15 CET | Spain
Telefonica has applied a substantial increase to the volume of data and calltime included in its Spanish prepaid mobile bundles, ...

Apple closes Madrid stores following Covid surge

Published 24 Aug 2020 09:21 CET | Spain
Apple has announced the temporary closure of its stores in Madrid as a precautionary measure following a new surge in coronavirus ...

Telefonica to boost minutes, data in Spanish prepay bundles - report

Published 11 Aug 2020 12:56 CET | Spain
Telefonica will increase the volume of data and calltime included in its Spanish prepaid mobile bundles from mid-September in ...

Weekly news summary: big FTTH plans, 3 new 5G networks, a shorter theatrical window, tech platforms under fire

Published 03 Aug 2020 10:41 CET | World
While the past week's news was rich in quarterly reports, there was also some important network news. A number of telcos ...

Telefonica Q2 sales plunge 11% in Latin America on heavy Covid-19 and forex impact

Published 30 Jul 2020 09:52 CET | Latin America
Telefonica said its operations in Latin America were heavily impacted by the Covid-19 pandemic and weak local currencies in the ...

Telefonica Q2 results hit by Covid-19, forex effects, revenues fall 15%

Published 30 Jul 2020 09:14 CET | Europe
Telefonica reported a sharp fall in second-quarter results, hurt by the Covid-19 pandemic and negative forex effects. Revenues ...

Telefonica Brasil to set up neutral fibre network operator

Published 29 Jul 2020 17:20 CET | Brazil
Telefonica Brasil is evaluating the possibility of setting up a vehicle for the construction and offer of a neutral and ...

Telefonica Germany growth slows in Q2 but confirms outlook for 2020

Published 29 Jul 2020 09:38 CET | Germany
Telefonica Germany said its revenues increased by 0.3 percent year-on-year in Q2 to EUR 1.79 billion, impacted by the Covid-19 ...

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

Published 07 May 2020 09:28 CET | Spain
Telefonica's domestic unit (Telefonica Espana) reported revenues of EUR 3.06 billion in the first quarter of 2020, down 1.6 ...

Telefonica Spain grows FY and quarterly revenues on convergent uptake

Published 20 Feb 2020 09:36 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.27 billion in the fourth quarter of 2019, up 0.4 percent ...

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 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 ...

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

Published 21 Feb 2019 09:27 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.25 billion in the fourth quarter of 2018, up 0.3 percent ...

Telefonica Spain Q3 revenues stable at EUR 3.2 bln, adds 294,000 mobile clients

Published 31 Oct 2018 08:41 CET | Spain
As ever, the company was keen to stress the performance of its Movistar Fusion convergent offer, with customers up 4 percent year ...