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Telefónica sees TV growth

Telefonica buildingTelefónica Spain said it added 350,000 pay TV customers in the quarter to June. The company added 131,000 ‘TV Mini’ customers, and its Movistar Fusión offering now has an overall base of 3.4 million.

The company recorded 861,000 fibre broadband customers at the end of June in Spain, almost double the June 2013 figure. Telefónica had passed five million homes with fibre by the end of the second quarter, with a target of 10 million by the end of this year.

Telefónica Spain posted revenues of €3 billion for the quarter, stable quarter-on-quarter.

Telefónica globally gained 600,000 pay TV subscribers during the quarter.