Thursday, November 8, 2012

Telefónica Reaches 314 Million Accesses, Higher Profits

Telefónica reported consolidated net profit of 3,455 million euros, up 26.4% compared with the same period in 2011, while revenue was flat at EUR 46,519 million for the first nine months of 2012.

Revenue generated by Telefónica Latin America at the end of September exceeded the weighting of revenue from operations in Europe for the first time.

Some highlights

  • Total accesses increased by 5% year-on-year to 314 million by the end of September 2012, driven by the increase in mobile accesses, fixed and mobile broadband, and pay TV accesses.
  • Telefónica Latinoamérica achived 8% year-on-year increase in accesses (67% of the total growth in accesses).
  • Mobile accesses stood at 246 million at the end of the third quarter (+6% year-on-year), driven by a sustained growth in mobile contract accesses (+7% year-on-year), accounting for 33% of total mobile accesses.
  • Mobile net additions in the first nine months totalled 10.5 million accesses (excluding the disconnection of 3.6 million inactive prepay mobile accesses in Spain and Brazil).
  • The Company's mobile broadband accesses  maintained solid growth of 40% year-onyear to 47.7 million at the end of September 2012, and accounted for 19% of mobile accesses (+5 percentage points year-on-year). It should be highlighted the continued smartphone adoption by our customers (with attached data tariffs), with 10.0 million net additions in the first nine months of 2012 (+14% year-on-year).
  • Telefónica’s retail fixed broadband accesses increased by 4% year-on-year to 18.5 million at the end of September 2012, with 458 thousand net additions, reflecting the sustained growth of Telefónica Latinoamérica. Retail fixed broadband accesses reached a penetration rate of 47% over total fixed accesses.

See also