Telecom Lead Europe: Mobile major Telefonica’s Capex (Capital expenditure) touched €5,699 million, up 3.5 percent, for the first nine months of 2012.
Telefonica spends bulk of its investment in growth and transformation projects (81 percent of total investment), for expanding high speed broadband services, both fixed and mobile.
The telecom Capex over sales ratio (excluding spectrum investments) was 12.2 percent in the first nine months of 2012.
Telefonica clocked year-on-year growth of 10.7 percent in global revenue.
Telefónica Latin America’s revenue at €46,519 million euros represents 49 percent of the company’s total turnover.
Both Latin America (+5.9 percent) and mobile data (+14.2 percent) continue to be growth drivers for the Group.
78 percent of the Group’s clients are mobile accesses, amounting to 246 million (+6 percent), supported by the sustained growth in contract users (+7 percent; especially in Latin America, +12 percent).
Mobile broadband access has grown at +40 percent year-on-year and already accounts for 47.7 million accesses.
In Telefónica’s European operations, one third of mobile clients are already using mobile broadband thanks to the increasing adoption of smartphones.
Telefónica’s net profit at €3,455 million euros, grew 26.4 percent in first nine months of the calendar year.
Telefónica Executive Chairman César Alierta said: “from a strategic standpoint, we continue making progress in our transformation into a Digital Telco and we are making further progress in our transformation journey and the results achieved so far make us feel more positive about the future despite tough conditions.”
Telefonica’s mobile broadband accesses increased 40 percent year-on-year to 47.7 million, accounting for 19 percent of mobile accesses (+5 percentage points year-on-year).
Telefonica’s retail fixed broadband accesses increased by 4 percent year-on-year to 18.5 million at the end of September 2012. Retail fixed broadband accesses reached a penetration rate of 47 percent over total fixed accesses.