0
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)

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 Spain / 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's 'Smart WiFi 6' repeater available for EUR 129

Published 02 Dec 2020 14:32 CET | Spain
Telefonica has announced the launch of its own-brand repeater with Wi-Fi 6 (802.11ax) compatibility via all its sales channels ...

Telefonica teams up with Havas for targeted ads on Movistar+

Published 30 Nov 2020 15:11 CET | Spain
Telefonica has joined forces with Havas Media to roll out targeted advertising on its Movistar+ pay-TV platform. The company ...

Telefonica to raise top fibre speed to 1 Gbps in January

Published 30 Nov 2020 08:54 CET | Spain
Telefonica confirmed that it intends to increase the maximum speed of its Spanish fibre service to 1 Gbps in January in exchange ...

Spain 5G rollout set to cost over EUR 6 bln - Telefonica

Published 27 Nov 2020 09:42 CET | Spain
The deployment of 5G in Spain will require a direct investment in infrastructure of more than EUR 6 billion, according to ...

Telefonica adds sign language system to Spanish customer service

Published 23 Nov 2020 10:17 CET | Spain
Telefonica has teamed up with the CNSE Foundation to incorporate sign language into its Spanish customer service platform. The ...

Spain watchdog publishes new wholesale fibre market proposal

Published 18 Nov 2020 08:52 CET | Spain
Spain's communications and competition regulator CNMC has launched a public consultation on its proposal to update the country's ...

Telefonica Spain to shut down 287 ADSL exchanges this month

Published 10 Nov 2020 10:24 CET | Spain
Telefonica intends to proceed with the closure of a total of 287 ADSL exchanges on 27 November as part of its migration to fibre, ...

Telefonica Q3 sales fall 6% in Latin America, announces EUR 785 mln Argentina impairment

Published 29 Oct 2020 12:06 CET | Latin America
Telefonica said revenues across its Latin American operations came to a total of 1.90 billion in the third quarter of 2020 ...

Telefonica slows sales decline to 12% in Q3, maintains cash flow target

Published 29 Oct 2020 09:15 CET | Latin America
Telefonica reported another double-digit decline in revenues in the third quarter, hurt by the Covid-19 pandemic and negative ...

Telefonica Brasil improves net profit in Q3; sales, EBITDA still lower

Published 28 Oct 2020 15:29 CET | Brazil
Telefonica Brasil, owner of Vivo, closed the third quarter of 2020 with a net profit of BRL 1.21 billion, up 25.5 percent from ...

Telefonica Germany grows Q3 revenue and profits slightly, mobile postpaid base up 5%

Published 28 Oct 2020 10:07 CET | Germany
Telefonica Germany saw its revenues increase by 0.4 percent year-on-year in Q3 2020 to EUR 1.87 billion thanks to high customer ...

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 ...

Telefonica increases channels on Movistar+ Lite to 20

Published 01 Jun 2020 13:58 CET | Spain
Telefonica has decided to offer the extra channels that were temporarily added to its Movistar+ Lite pay-TV platform due to the ...

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 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 ...