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General

Telefonica Spain sales down 9.1%, pay-TV subs up 91%

Thursday 31 July 2014 | 08:29 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported sales of EUR 3.00 billion in the second quarter of 2014, slightly up on the previous quarter but down 9.1 percent from a year earlier. Telefonica said the results reflected a stabilisation of revenue and a change in the company's business dynamic in Spain, especially in the light of the success of the revamped convergent offer it launched in April. The commercial performance of the new Movistar Fusion deals could be seen in the pay-TV and fibre sectors, with the company adding nearly 350,000 pay-TV subscribers as well as 160,000 fibre

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