Home Telefonica Spain sales inch up as OIBDA rises 2% in Q1
 

Keywords :   


Telefonica Spain sales inch up as OIBDA rises 2% in Q1

2016-04-29 08:25:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.13 billion in the first quarter of 2016, up 0.2 percent on an organic basis compared to the year-earlier result of EUR 2.88 billion and the company's third consecutive quarterly growth. The operator said its operating income before depreciation and amortization (OIBDA) came to EUR 1.27 billion, up 2.0 percent compared to a year earlier and the first simultaneous revenue and OIBDA rise since the third quarter of 2008. The company's commercial activity was again driven by its Movistar Fusion+ convergent plans, with new tariffs and price changes mainly affecting fixed broadband services and mobile contract. Total accesses stood at 41.7 million at the end of the quarter, down 2 percent on an organic basis year on year, of which 28.1 million were consumer accesses, also down 2 percent. However, fibre accesses were up 235,000 in the January to March period, taking the fibre base to 2.5 million and representing 41 percent of total fixed broadband accesses, up 15 percentage points in a year. 

Tags: in sales spain inch

Category:Telecommunications

Latest from this category

All news

19.06T-Mobile NL Consumer
19.06Triple Play Insights 2018 Q1
19.06SK Telecom, KT, LG Uplus acquire 5G spectrum for KRW 4 trillion
19.06US Senate says no to lifting ban on ZTE
19.06Telenor appoints CEOs of Thai, Myanmar units, reshuffles executive team
19.06Ofcom: UK has golden opportunity to provide nationwide mobile coverage
19.06Huawei joins forces with BT for UK network slicing project
19.06TalkTalk CEO: Broadband access is a right, not a privilege
Telecommunications »
19.06Protecting Your Eyes, Part 1
19.06NEC Requirements for Health Care Facilities
19.06DSI Ground Segment Project Manager
19.06UPS to invest $130M in > 700 natural gas vehicles and infrastructure; > $1B invested in alt fuels since 2008
19.06Citizen Oversight Committee Minutes - 04/02/2018
19.06Citizen Oversight Committee Minutes - 03/05/2018
19.06Citizen Oversight Committee Minutes - 01/08/2018
19.06Ann Arbor, Mich., Launches Composting Pilot Program
More »