Video drives Spanish telecoms industry | Media Analysis | Business
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Official figures from the Comisión Nacional de los Mercados y la Competencia (CNMC) have revealed that most telecom services are on the decline in Spain apart from video, mobile and fixed broadband.

cnmc tv pago 10 may 2017For the third year in a row, audiovisual services have seen positive results. Between September and December 2016, video-related operations invoiced €1.15 billion in Spain, 10.2% more than in the same period in 2015 and reported the strongest results among all telecoms services.

For instance, mobile telephony, the leading telecoms business in recent years, ended the quarter invoicing €1.16 billion, 7.7% less than 12 months before. Broadband, both mobile and fixed, also exceeded the €1-billion mark during the three-month period, seeing some growth.

In general terms, Spain’s telecoms sector invoiced nearly €6.4 billion during the last quarter of 2016, 1.8% more than in Q4 2015.

Such growth within the video industry is mostly related to the increase of advertising revenues and the unstoppable growth of the pay-TV market. According to the figures released by the CNMC, pay-TV operators totalled 6.1 million accesses by the end of the year, 9.5% more than by December 2015.

As the advertising business continues its recovery after the financial crisis, the revenues of free-to-air (FTA) players are also growing, according to the record profit margins reported by the market’s leading companies, Mediaset and Atresmedia.