Fixed internet connections increased 10.17%; However, the Spanish capital company greatly reduced its market participation, Osiptel reported.
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In the first quarter of this year, fixed internet connections amounted to 3,655,977, 10.17% more than in the same period of 2023, according to Osiptel.
The result is explained by technological improvements such as the advancement of fiber optics – which covers 61.96% of total connections – and by the greater competitive dynamics among market operators.
However, Telefónica is the only company that experienced a sharp decline: it lost 293,756 fixed internet users. Despite the decline in its universe of connections, it leads the field with 1 million 335,070. It concentrates 36.5%.
On the other hand, Claro grew by 80,027 connections and occupies second place, with 921,586 users and a 25.2% market share.
And, on the third step, is Grupo Win with 526,395 connections, approximately 200,000 more than in the accumulated January – March 2023. Wow completes the podium with an increase of 4.4% and 453,973 fixed internet connections.
Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
