Telefónica sees massive boost in pay TV

Telefonica buildingTelefónica Spain added 370,000 pay TV subscribers in the last quarter, up from 348,000 additions in the previous quarter. 

Net fibre additions in the quarter stood at 208,000 in the quarter, against 160,000 in the second quarter.

Globally, Telefónica added 458,000 new TV customers in the quarter, up 41% year-on-year, and 265,000 new fibre customers. Partly as a result, it said, data traffic on fixed networks increased year-on-year more than 35%, and over 50% on mobile networks.

Pay TV customers totalled 4.6 million across all markets at the end of September, up 35.1% year-on-year. This included 1.6 million Movistar TV customers in Spain, some 2.6 times the figure for September 2013 thanks, it said, the the success of its new convergent offer.