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Telefónica passes 2.7mn pay-TV subs

Telefónica had reached 2.7mn customers for its pay-TV services around the world by the end of the first half of this year, up 8% year-on-year, with gains both in its domestic market and elsewhere.

The telco had reached 748,000 customers for its Spanish IPTV service 'Movistar Futura TV' (previously called 'Imagenio') by the end of June, adding 45,000 subscribers to the service in the first six months of this year (compared to a net loss in the first half of 2009), and giving an estimated 18% share of the Spanish pay-TV market.

Telefónica had 1.7mn pay-TV customers in Latin America by the end of June, up 3.3% from one year previously, and 133,000 subscribers for its Czech IPTV service 'O2 TV', up 0.4% by the same comparison.

Total revenues across all operations for the first half of this year reached €29.053bn, up 5.4% year-on-year, while net profits rose more than 9% by the same comparison to reach €3.775bn.

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