Friday, November 04, 2022

Telefónica's revenue growth accelerates due to Brazil and Hispam operations

The global operator recorded sales of €10.343 billion, 11.2% more than in the same period of 2021, with strong growth in the Latin American region. In the operation, it reached 383.5 million fixed and mobile accesses. FTTH jumped 17.2% compared to the same quarter of 2021. The upgrade of the fixed network is aimed at 50GS-PON. in the mobile network, the horizon is the NaaS model.

Telefónica presented "solid results" in the third quarter of 2022. The operator said that in the July-September period of this year it experienced an "acceleration of revenue growth", which reached €10.343 billion, 11.2% more than in the same period of 2021.

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