Telefonica today announced its January-June 2012 results with consolidated revenues totalled €30,980 million in the first half of the year. OIBDA showed a significant improvement in the second quarter of the year in all regions and totalled €10,431 million in the first half of 2012, with an OIBDA margin of 33.7%. The company reached 312 million accesses at the end of the first half of 2012, posting a 6% year-on-year growth. The net income stood at €1,327 million in the second quarter of 2012 (€1,534 million in underlying terms) vs. €748 million in the previous quarter (€1,284 million in underlying terms). Second quarter results showed an improvement vs. the first quarter, with a better performance across all metrics from OIBDA to net income in underlying terms.
