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General

Telefonica Spain revenues up 1% in Q1, nears 20 mln fibre homes

Thursday 26 April 2018 | 09:45 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.10 billion in the first quarter of 2018, up 1.1 percent compared to a year earlier and the highest quarterly rise since Q2 2016. Service revenues were up 0.8 percent year on year in the quarter and the company's operating income before depreciation and amortisation (OIBDA) was up 0.6 percent to EUR 1.22 billion, while the margin was down 0.2 of a percentage point at 39.5 percent. Telefonica was particularly keen to stress the return to growth of handset sales (up 14.5% year on year) and a sequential churn improvement

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