Telefónica pay TV accesses up 12% in 2015

Friday, February 26th, 2016 
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MADRID — Telefónica presented today the corresponding results of the 2015 fiscal year, a year in which the Company firmly advanced down the road of long term profitable and sustainable growth, while simultaneously improving its competitive position in key markets.

Total accesses at December, grew by 2% year-on-year to 322.3 million, underpinned by Telefónica Hispanoamérica (+2%) which represented 42% of the total. High-value customers’ organic growth remained strong: fibre (+30% year-on-year), Pay TV (+12%), smartphones (+29%) and LTE (3.0x, reported).

In the fourth quarter of 2015, revenues continue to be supported by the solid growth of pay TV accesses, with quarterly net additions of 117 thousand, resulting in a total base of 8.3 million in December (4.6 million of which are satellite TV), 12% higher than in 2014, driven by Brazil (+10% year-on-year), Hispanoamérica (+16%) and Spain (+10%, including DTS).

Telefónica España

Pay TV accesses totalled 3.7 million, 10% more compared to December 2014 in organic terms, and included 926 thousand DTS satellite TV accesses.

Telefônica Brasil

Pay TV accesses increased year-on-year by 10% to 1.8 million. Thus, Telefónica Brasil closed 2015 having captured all new pay TV access in the market in 2015.

Telefónica Hispanoamérica

Pay TV accesses posted solid year-on-year growth of 16% reaching 2.8 million accesses, with net additions of 380 thousand in January-December, the highest level of net additions ever recorded in a year by Telefónica in Hispanoamérica.

Pay TV accesses (000s)

                                                                                               Growth
                      1Q 2014  2Q 2014  3Q 2014  4Q 2014  1Q 2015  2Q 2015  3Q 2015  4Q 2015  Y-o-Y %
                      -------  -------  -------  -------  -------  -------  -------  -------  -------
Spain*                  730.3  1,209.5  1,579.4  1,884.7  2,139.5  3,595.7  3,583.4  3,671.5     94.8
Brazil**                644.8    687.8    727.6    770.6    790.9  1,785.9  1,829.2  1,787.9    132.0 
Hispanoamerica        2,192.0  2,294.6  2,343.0  2,431.9  2,536.2  2,648.6  2,741.7  2,812.2     15.6
 Chile                  527.1    559.9    580.3    601.3    616.2    634.3    641.0    644.7      7.2
 Peru                   885.7    887.3    889.1    948.0  1,014.5  1,090.1  1,147.7  1,200.8     26.7  
 Colombia               363.8    384.1    400.8    416.0    429.4    444.2    471.0    488.6     17.5  
 Venezuela and
  Central America       415.3    463.2    472.8    466.6    476.1    480.0    482.1    478.1      2.5  
                      -------  -------  -------  -------  -------  -------  -------  -------  -------
Total                 3,567.1  4,191.9  4,650.0  5,087.2  5,466.5  8,030.3  8,154.3  8,271.6     62.6

* From the second quarter of 2015, Pay TV accesses include DTS.
** GVT accesses are consolidated from 1 May 2015.