Spanish telecoms market continues to shrink, but at a declining rate

11 Oct 2010

According to data released by Spanish telecoms regulator CMT, the country’s telecoms revenues, including TV, stood at EUR9.7 billion (USD13.5 billion) for the second quarter of 2010, a 2.9% decline year-on-year but an improvement on the first quarter change, where sales fell 4.8% year-on-year. Retail revenues accounted for 84% of the total, of which wireless services accounted for the largest proportion at 43%, while the figure was 18% for fixed line services, 15% for TV, 12% for internet, with the remainder comprising terminal sales and business services.