Spaniards ditch mobile phones in droves

Spaniards ditch mobile phones in droves

It’s a looming recession in Spain and it’s no surprise that more and more people are ditching their (secondary?) mobile phones. In fact, during the month of October, some 486,000 phones were cut off, representing a 3.8% year-on-year drop in mobile phone numbers.

The leading operator, Telefonica-owned Movistar lost 284,000 lines, with its market share shrinking from 40 to 37 percent year-over-year. Meanwhile, the second largest carrier, Vodafone, was also suffering, seeing some 278,000 customers leaving the network and its share dipping from 28 to 27 percent.

However, Yoigo and virtual mobile operators are gaining clients but they cannot compensate for the losses at Movistar, Vodafone and Orange. According to the country’s regulator CMT, 475,000 people switched to a rival operator in October.

It’s important to add that there are still more mobile phones than people in Spain so I guess this was kinda expected (with the economy not doing its best)…

[Via: Reuters]

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