Telefónica has simply examined itself earlier than the market with its accounts equivalent to the fourth quarter of the earlier 12 months and, subsequently, these for the whole 12 months 2020. The Spanish telecom firm has managed to report a revenue of 1,582 million euros in 2020, which implies earn 38.5% extra in 2020 within the midst of the worldwide COVID-19 disaster. Despite this, revenue has been lowered by 11% for these identical causes and some selections have been made equivalent to decreasing the dividend to 0.30 euros.
In a really difficult 12 months marked by an unprecedented world pandemic, Telefónica has achieved outcomes that permit it to shut with a revenue of 1,582 million euros. At an operational degree, the 12 months has been marked by progress in FTTH accesses around the globe, the launch of 5G in the primary markets, the strengthening of recent technology networks and different strategic selections equivalent to merge O2 and Virgin Media within the UK or the Agreement with American Tower Corporation for the sale of the Telxius towers (though that is already in 2021).
Telefónica Q4 2020 Results
In monetary phrases, income for the fourth quarter fell by 12.0% year-on-year to 10,909 million euros, affected by the influence of COVID-19 and the destructive evolution of change charges. Nevertheless, OIBDA grows 2.2% and the web revenue stays at these 1,582 million euros in 2020 and 911 million euros within the fourth quarter. Home stream improved 13.2% year-on-year within the fourth quarter.
If we deal with Spain, 2020 has proven the excessive capability to generate working money regardless of the influence of COVID-19. During the fourth quarter, the operator took a much less aggressive strategy (which was copied by its predominant rivals). Since January 2021, it provides as much as 1 Gbps of velocity or extra tv with DAZN and Disney + Star. This has weighed down the highs of the final quarter, nevertheless it seeks to be a medium-term choice.
In addition, the operator continues to steer the deployment of next-generation networks with 78% protection in 5G, reached in little greater than three months, and greater than 25M of actual property models handed with fiber to the house. Broadband accesses fell 1% year-on-year and fiber, each wholesale and retail, grew by 167,000 traces within the final quarter.
In relation to convergent customers, these they’re nonetheless touching 5 million, though they’ve been lowered by 22,000 within the final quarter. Despite this, high-speed customers grew 11% and O2 customers have multiplied by 2.Four on this final quarter of 2020. Converged ARPU stays at 91.4.