OPERATIONAL HIGHLIGHTS:
Telefonica Europe delivered market-leading performance in a challenging economic climate
Revenues increased by 1.1% in constant currency to reach ‘13.533 billion, while operating income before depreciation and amortisation (OIBDA) grew 4.1% in organic terms to ‘3.91 billion
Operating cash flow amounted to ‘2.1 billion, representing a very strong organic increase of 21.7%
Total customer base was up 7% to 49.2 million, with 2.9 million mobile additions in 2009, of which 80% were in the contract segment
Positive growth accelerated in Q4, with the company outperforming in key markets and increasing profitability despite market conditions and mobile termination rates effect
New balance in portfolio bears fruit as Telefonica O2 Germany drives region’s OIBDA growth
Lowest-ever churn in the UK
‘Home of the Smartphone’ ‘ Telefonica Europe broadens portfolio in 2009, Palm Pre boosts revenues in Germany, iPhone passes 2 million sales in the UK
Significant year-on-year growth in data revenues of more than 37%
Recent acquisitions of Jajah and HanseNet strengthens growing customer-focused portfolio
