September 27, 2013 11.01 Europe/London By Chris Dziadul

The pay-TV market in Spain continues to shrink, with the number of homes receiving services in the second quarter amounting to 1,646,172.
This, according to the latest data published by the regulator CMT, was the lowest figure since before 2005.
Ono remained the leading provider of pay services, though its subscriber total also continued to fall, the 829,999 total contrasting with that of 906,475 a year earlier.
The same applied to second-placed Telefónica (630,324 v 789,009) and all the other providers, which in descending order were Gol TV, TeleCable, Euskatel, R and Orange.
Revenues from pay-TV services are more volatile. They amounted to €425.82 million in Q2, down from €440.77 million three month earlier but higher than the €419.53 million posted in the corresponding period last year.
Telefónica claimed the highest total (€56.37 million), followed by Ono (€38.18 million).