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General

Telefonica Spain slows revenue drop to 6.6% YoY in Q3

Wednesday 12 November 2014 | 08:44 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported sales of EUR 3.00 billion in the third quarter of 2014, down 6.6 percent from a year earlier but up 2.5 percentage on the previous quarter. Telefonica said the results showed that its gradual revenue stabilisation was continuing and reflected the positive impact of the increased commercial activity that begun in the second quarter as well as the lower customer churn. The company's revamped Movistar Fusion convergent package continued to grow, reaching a customer base of 3.6 million and representing 70 percent of the fixed broadband base

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