Telefonica today said it made an investment of 1,503 million euros (+7.8 percent) or $1.71 billion towards Capex (capital expenditure) in Q1 2016.
Telefonica has spent 75 percent of total Capex for ensuring growth and transformation of networks and systems.
The company’s fiber optic network passed over 32 million premises. Telefonica’s LTE coverage reached 83 percent of the population in Spain and 76 percent in Germany.
Telefonica revenue was 10.784 million euros (+3.4 percent). Telefonica reached a net profit of 776 million euros.
Telefonica has 321.9 million (+1 percent) subscribers with growing coming from mobile contract (+5 percent), smartphones (+26 percent), pay TV (+7 percent), fiber and VDSL (+34 percent) and LTE (2.5x).
Telefonica’s LTE customers at 35.6 million represented 15 percent of total mobile accesses. It added 5.9 million LTE customers (+39 percent). Fiber and VDSL stood at 7.9 million representing 38 percent of fixed broadband.
Mobile data revenues grew 19.9 percent in January-March and represented 48 percent of mobile service revenues due to higher smartphone penetration.
Non-SMS data revenue rose 28.8 percent, representing 86 percent of total data revenues. Mobile data traffic growth accelerated to 51 percent. The main driver of this growth was the increase in LTE customers (15 percent of total mobile customers), with 15 percent increase in ARPU.
Net debt stood at 50,213 million euros at March 2016 and increased in the quarter by 292 million euros.
The premises passed with fiber to the home totalled 20 million (15.1 in Spain and 4.7 in Brazil) and the total number of premises covered with fiber in Brazil to 16.8 million, with GVT contributing 12 million premises passed with fiber to the cabinet.
Thanks to the 36,529 LTE sites in service, the population coverage reached 50 percent in the Group (83 percent in Spain, 76 percent in Germany, 47 percent in Brazil and 42 percent in Hispanoamerica).
96 percent of the 3G and LTE base stations are connected via IP and fiber to the transport network. The higher coverage enables service to be provided to 2.5 times more LTE customers, reaching 35.6 million.
