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General

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

Thursday 25 July 2019 | 08:55 CET | News
Telefonica's Spanish unit (Telefonica Espana) continued its steady growth in the second quarter of 2019, with revenues up 0.3 percent year on year to EUR 3.18 billion, the same as Q1, supported by improved churn, more accesses in higher value segments as well as 243,000 more mobile subscriptions from April to June. The company's operating income before depreciation and amortisation (OIBDA) was up 3.0 percent to EUR 1.32 billion on a reported basis, while the margin fell 0.7 percent to 42.5 percent. First half Capex was up 4.6 percent year on year to EUR 813 million, with Telefonica continuing

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