Spain: Pay-TV subs growth slows

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The number of pay-TV subscriptions in Spain slowed down in the first half of the year with a year-on-year growth of 2.1 per cent to 6.8 million, and with a slight decline of 1.2 per cent on the first three months of 2019, according to the latest report from the CNMC.

Movistar leads the market with 4.11 million subscribers with 11,000 new additions in the second quarter of the year. Vodafone is second with 1.3 million customers, down 2.1 per cent versus the first quarter of 2019. Orange saw its subs base fall by 9 per cent to 616,759. Euskaltel reached 438,874 as of June 30th, with smaller pay-TV companies collecting around 300,000. Convergent packages with up to five services amounted to 12.4 million.

In terms of distribution, IPTV dominates the market with 4.56 million subscribers followed by cable with 1.3 million, satellite with 610,000 and online TV 280,000.

In the second quarter, retail revenues in the telco and TV markets dropped by 2.2 per cent versus the same period last year to €6.2 billion with Movistar, Vodafone and Orange accounting for 76.3 per cent of them.

FTTH continues growing with 48.7 million connections versus 41.5 million last year and 9.4 million active customers, up 24 per cent compared with June 2018.


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