Telefónica suffers pay-TV subscriber dip, galvanised by sports rights fee reductions

Spanish telco Telefónica has reported a small fall in Spanish pay-television subscribers but has expressed confidence in its future financial stability thanks to reductions in recent premium sports rights deals.

Telefónica’s pay-television third-quarter subscriber total fell by just over 50,000 to 4 million in its home market, equal to a 2.1-per-cent year-on-year dip.

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