Telefonica ups pay-TV 15%
November 13, 2009
Telefónica increased its pay-TV subscriber base by 15% to 2.5 million in the 12 months to the end of September. The bulk of its pay-TV business remains in Latin America where it has over 1.7 million TV customers, up 15.9% year-on-year with operations in Argentina, Brazil, Chile, Colombia, Peru, and Venezuela.
In Spain, the operator ended the third quarter with 654,000 pay-TV subs, up 11% year on year after adding 44,800. Over all Telefónica España recorded third-quarter revenue of E4.9bn, down 8.9% year on year and E14bn world wide, down 5.7%.
In the Czech Republic, Telefónica ended the third quarter with 135,854 O2 TV pay-TV subs, up 25.7% year-on-year.