The time has come for Telefónica to tell us how things have gone in the last quarter and, by accumulation, in the rest of the year. The Spanish multinational has boasted in its presentation of having obtained a record profit in the first months of the year. Total, 9,335 million euros. But there are other figures to take into account to make a general assessment.
The quarter, already focusing on its last period of this 2021, has closed with slightly more than 3.1 billion euros in revenue for the company, which has had a positive impact to add to other rising figures, such as handset sales, but the company’s profitability has suffered. And also the number of lines. Telefónica has lost a total of 1.14 million accesses. 1.14 million accesses lost in the last year.
Lights and shadows in a year with a positive mean
The sector of low cost It is hurting Telefónica in this last point, that of the active lines or accesses. Accesses have fallen by 2.7% in the last year, which means that they fall to 40.48 million with a loss of the already mentioned 1.14 million accesses. However, in the mobile world things are different and here Telefónica boasts of having achieved 9,000 net registrations, in addition to having been able to increase average spending per customer by 2.5%.
In the fiber optic section, Telefónica puts in black on white that it has added 153,000 customers in total, with just over 48,000 added from the retail sector. Telephone account that in the computation of your broadband, fiber optics already accounts for 82% of their contracts and that its commitment to the Government’s 2025 plan to bring broadband to the largest possible number of rural areas is maintained.
With regard to pure business figures, Telefónica has announced that its third quarter has brought the company a total of 706 million euros in net profit, and that net debt has been reduced by 31.8% in one year to stand at 25,000 million euros. The company’s Oibda, however, does not present such positive values falling by 8.9%, reaching 1,182 million euros, due to the rise in the cost of energy, which has had a direct impact on the company’s accounts.
The high cost of energy penalizes the figures of a Telefónica that grows in various aspects and considerably reduces its debt
Speaking of the terminals marketed by the company, Telefónica indicates that the total volume has grown by 37.2% in the last year, thus reaching a turnover close to 100 million euros. This point, in fact, is what has contributed to the fact that the company’s income has fallen less than expected in the retail field, since wholesalers have increased by 5.1% in the global calculation of the year (a 8.9% in the last quarter which considerably improves the annual average).
Finally, Telefónica closes its presentation of figures by talking about sustainability and the environment. The company says that it has already managed to exceed the threshold of 1,000 closed copper plants, a process that began in 2016, and which aims to “build a greener future.” These closures have already resulted in the recycling of 65,000 tons of copper and 7,140 tons of electronic waste of various types. Telephone account that the process has saved 355,000 tons of CO2 emitted, which would be equivalent to planting 6 million trees.