Sunday, July 29, 2007

Telefónica Reaches 1.3 Million Pay TV Customers

During the second quarter of 2007 the Telefónica Group reported continued growth, especially in wireless and broadband, ending the period with 212.6 million accesses, 11.3% more than a year earlier.

Telefónica ended June with 9.1 million retail broadband accesses (+34.9%), 154.9 million mobile accesses (+15.1%) and over 1.3 million pay TV accesses (+64.5%).

Telefónica España currently boasts 45.2 million accesses, an increase of 5.5% year-on-year.

The total number accesses in Telefónica Latinoamérica continued to register a strong growth (+13.9% year-on-year to 121.8 million) thanks to the solid increase in the broadband segment and a robust mobile market.

Telefónica O2 Europe, which continues to focus its efforts on capturing and retention the value customers, saw its total accesses advance 7.4% to 39.8 million.

The company ended June with over 4.2 million retail broadband accesses in Spain (+30.4% year-on-year), 4.4 million in Latin America (+36.8% year-on-year) and 0.5 million in Europe (+60.9% year-on-year) after posting net adds in the second quarter of 206,000, 335,000 and 35,000 respectively.

Pay TV accesses at the end of the quarter 2007 totaled 1.3 million, 64.5% more than a year before, with operations in Spain, the Czech Republic, Peru, Chile and Colombia.

Telefónica España contributed the most to consolidated Group revenues, accounting for 36.6%. In the first semester of 2007, revenues at Telefónica España topped EUR 10,191 million, 5.4% higher than in the same period in 2006, building on the growth seen in the previous quarter.

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