Vodafone Spain revenues and subs dip

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Vodafone Spain saw its revenues drop by 1.5 per cent to €1.21 billion between April and June with income per service reducing even more to 2.2 per cent to €1.14 billion.

The restructuring of tariffs in May is the main reason for the fall, according to the company which also saw drops in subscribers. Vodafone lost 32,000 TV subscribers versus the previous quarter to 1,328 million clients, albeit up 3.3 per cent against last year. It also lost 49,000 clients in broadband.

As of June 30th, its convergent package had 2.5 million, up 66,000 versus the previous year. Its fibre subscribers amounted to 2.76 million.


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