Telefónica pay TV accesses up 5,000 in 3Q 2024

MADRID — Telefónica today presented its results for the first nine months of 2024, which were marked by the confirmation of the financial targets set for the year and by the achievement of a cumulative net income of €989 million. In adjusted terms, net income reached €1,914 million in the first nine months, up 16.8%.

Telefónica España

Net additions in Q3 24 were the highest in the last 6 years (+34k in FBB, +119k in mobile contract, +49k in TV). This positive performance is underpinned by a new record high in NPS (+3 p.p. y-o-y). Fibre progress continued (+67k accesses; +60k retail) on a network that already covers 30.5m PPs (29% uptake) following the deployment of 1.2m PP in 9M 24.

Telefónica Deutschland

In Sep-24, the company re-launched ‘O2 TV’, now offering an improved TV experience based on the global TV platform.

Pay TV Retail Accesses – Unaudited figures (thousands)

         Mar 23  Jun 23  Sep 23  Dec 23  Mar 24  Jun 24  Sep 24  y-o-y % Chg
         ------  ------  ------  ------  ------  ------  ------  -----------
Total    10,457  10,340  10,303  10,259  10,206  10,185  10,190        (1.1)
 Spain    3,477   3,417   3,418   3,426   3,433   3,455   3,504          2.5
 Brazil     884     871     858     845     828     813     798        (7.0)
 - IPTV     884     871     858     845     828     813     798        (7.0)
 Hisp     2,909   2,900   2,869   2,840   2,805   2,801   2,811        (2.0)
 - IPTV   1,480   1,561   1,629   1,683   1,733   1,785   1,807         10.9