Vodafone Spain Gains Customers in all Segments in The Third Quarter
The president of Vodafone Spain Antonio Coimbra, speaks of “a positive trend” in the midst of all the current uncertainty and highlights that the operator already offers 5G in 21 cities in Spain.
Vodafone Spain has reported that in the third quarter (July-September) of this year the operator achieved total revenues of 1,056 million euros, 2.1% less than in the same period of the previous year. By contrast, from April to June, billing fell 6.9% due to the impact of the first wave. Specifically, service billing has fallen by 1.8% compared to last year to 960 million. Figures that, from the telco have been framed within the impact of Covid-19. In this sense, the president of Vodafone Spain Antonio Coimbra, has spoken of “a positive trend” amid all the current uncertainty and highlighted that “the results would be positive, excluding income from roaming and tourists”, where the pandemic has had an impact more.
In what has been the last press conference of Coimbra in his capacity as top manager of the British operator in Spain, and which has served as a presentation in society of the new CEO of the operator Colman Deegan, the now president of Vodafone has stressed that the company between June and September it recovered the second position in Spain in terms of revenue per customer discounting the wholesale business, with a turnover of 891 million euros compared to 860 million of its immediate competitor.
Specifically, the British operator has achieved 95,000 new contract mobiles between July and September, as well as 101,000 new fiber customers, while those of fixed broadband have increased by 58,000 to 3.2 million. On the other hand, from the telco they have valued the growth in Television that has been substantiated in 114,000 new clients for Vodafone TV, reaching a total of 1.5 million.
In this regard, Coimbra has valued the “success” of having parked football as content and pointed to the “lack of profitability” and the “penalty” that regulation entailed for Vodafone. In this sense, he added that the telco has become strong betting on cinema or series thanks: “We have the largest aggregator of movies and series, for which we have worked with platforms such as Netflix, HBO …”, he pointed out the president of Vodafone who has highlighted the strong transformation of the company since 2018, not only abandoning football but also granting unlimited data to all its customers and turning towards a digital strategy with a strong emphasis on 5G.
In this sense, Vodafone has reported that it already provides service in this technology in 21 Spanish cities within the 3.7 Ghz band, where they have an important part of this spectrum – the only one auctioned to date – although it has regretted that « some operators launch a “masked 4G” through DSS (Dynamic Spectrum Sharing) technology. In his opinion, despite the 5G logo “performance is equal to 4G”.
In any case, the operator has announced that it is already working on more than 130 5G use cases related to matters such as Industry 4.0, IoT (internet of things) or agriculture together with institutions and companies.
Vodafone Spain Gains Customers in all Segments in The Third Quarter - /10