Publication Date: December 2023
Report Pages: 307
Analyst: Henry Lancaster
Spain has been one of the most heavily impacted by the pandemic in all Europe. GDP dropped by 10.8% in 2020, while telecom revenue reversed the previous five years’ positive results by falling 5.3%. There has been some recovery since 2021, though telcos still feel considerable pressure.
One bright spot in an otherwise grey landscape has been broadband — both fixed and mobile. Spain’s fixed-line broadband market, in particular, managed to extend its decade-long pattern of steady growth into 2022, with a slight increase in demand caused by the need for fast internet access to support working and learning from home.
Telefónica, Orange Spain, Vodafone Spain, Movistar (Telefónica Móviles), Másmóvil, Euskaltel, Jazztel, Ono, Yoigo
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