Telefónica increases its subscribers by 3.4% to pay for internet TV

Iñaki Ferreras ©RapidTVNews | 12-05-2012

Telefónica Spain reached 812,900 subscribers in March, with its internet pay-TV offering, Movistar Imagenio, representing an increase of 3.4% over the same month last year (786,400 subscribers).

The operator ended the quarter with 20,000 television customers pay less than at the end of 2011.

Telefónica has 3.3 million subscribers to its IPTV service worldwide. In Latin America, users now total 2.3 million, a year on year growth of 23%. The business in Brazil rose 34% year on year to reach 683,000 subscribers.

In Europe, Telefónica TV continues to grow, with a 4% annual increase, reaching 1 million customers at the end of March 2012.