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Telefonica slows German revenue decline to 0.5% in Q3

O2 Germany added 143,000 postpaid customers and 70,000 new prepaid customers in the third quarter to take its mobile base to 19.65 million at the end of September. The figures do not yet include E-Plus, which was consolidated only from 01 October. The operator’s retail fixed broadband base fell by another 31,000 customers in Q3 to 2.16 million.

Telefonica said the Q3 results confirmed the improving trend since the beginning of the year, with revenues in the third quarter down only 0.5 percent year-on-year to EUR 1.219 billion, compared to drops of 4.4 percent in Q2 and 8.8 percent in Q1. Mobile service revenues totaled EUR 754 million, down 1.5 percent, while fixed revenues fell 9.0 percent to EUR 283 million.

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Source: Telecompaper

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