Telefonica’s German revenues up 4% on rising data sales

6 Nov 2012

Telefonica Deutschland, the local unit of Spanish telecoms group Telefonica, has reported revenue of EUR1.317 billion (USD1.7 billion) for the three months ended 30 September 2012, an increase of 4.1% from EUR1.265 billion in the year-ago quarter. Wireless revenue, which includes service revenue and handset sales, accounted for EUR977.1 million of total turnover, up 6.9% year-on-year, while non-SMS data revenue was up 28.3%. Operating income before depreciation and amortisation (OIBDA) grew 12.5% from EUR301.4 million in the third quarter of 2011 to EUR339.1 million twelve months later, while CAPEX totalled EUR181.2 million in the three months to end-September 2012, compared to EUR129.2 million in Q3 2011. The company said investments went into improving 3G data capacity and accelerating rollout of its Long Term Evolution (LTE) network, which Telefonica aims to cover 15% of the German population by end of the year. At 30 September 2012 Telefonica, which provides services under the O2 brand, reported a total mobile subscriber base of 19.114 million, an increase of 5.3% year-on-year, including 9.889 million post-paid users (up 10.3%). DSL customers meanwhile decreased 6.6% from 2.603 million at the end of 3Q11 to 2.43 million twelve months later. Last week Telefonica listed a 23.17% stake in its German unit on the Frankfurt Stock Exchange, raising over EUR1.4 billion to cut its debt burden.

Germany, Telefonica Deutschland Holding