Spain: MásMóvil broadband overtakes Vodafone
April 12, 2023
From David Del Valle in Madrid
MásMóvil ended the year as the third largest broadband provider in Spain – ahead of Vodafone – according to the latest CNMC data.
MásMóvil hit a penetration rate of 18.6 per cent, higher than Vodafone’s 17.5 per cent, which is now in fourth place. Telefónica is the market leader with a 34.1 per cent share followed by Orange with 22.7 per cent.
As of December 2022, 74.4 per cent of broadband lines corresponded to Movistar, Orange and Vodafone, albeit down 3.4 per cent than one year earlier. The majority (83.1 per cent) of broadband lines, 16.9 million, are fibre optic lines.
FTTH lines are now at 73.4 million access points, up 7.5 million in a year.
Minority revenues in the fourth quarter amounted to €6.21 billion, up 1.2 per cent with Movistar, Orange and Vodafone taking 71.6 per cent.
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