Thanks to growth in Latin America and mobile data services, Telefónica achieved a 2012 EUR 62.356 billion.
Mobile data revenues were up +12.8% year on year while revenues from Latin America rose +5.5%. Telefónica’s consolidated OIBDA grew by +5.1% in reported terms to EUR 21,231 billion , which places the OIBDA margin at 34% (+1.9 p.p.).
Some 2012 highlights:
Telefónica ended 2012 with a customer base that grew by +3% to 316 million accesses.
Mobile customers totalled 247 million accesses at close of 2012 (+4%), with growth rates of +7% in the contract segment.
At the end of December, Telefónica had 52.8 million mobile broadband customers (+38%) and had 18.6 million retail fixed broadband
Between January and December, Telefónica reduced its financial debt by over EUR 5 billion to EUR 51.259 billion, which means that the net financial debt to OIBDA ratio is 2.36 times.
During financial year 2012, Telefónica invested EUR 9,458 billion, i.e. 14.2% of its revenue (excluding investments in spectrum). 81% of that investment was earmarked for growth and transformation projects.