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General

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

Thursday 29 October 2020 | 09:25 CET | News
Telefonica's domestic unit (Telefonica Espana) announced revenues of EUR 3.10 billion in the third quarter of 2020, down 4.3 percent year on year on account of the ongoing impact of Covid-19 restrictions in the country, resulting in reduced roaming, offset by a recovery in commercial activity over the summer months. Service revenues fell 3.6 percent year on year, with handset revenues down 25.9 percent, an improvement on the lockdown-affected 50.2 percent plunge in Q2. However, customer numbers remained steady and the company's operating income before depreciation and amortisation (OIBDA)

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Categories: General
Companies: Movistar Spain / O2 Spain / Telefonica / Telefonica Espana
Countries: Spain
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