The number of pay-TV subscribers in Spain fell for the fifth straight quarter in the first three months of this year.

According to data, it stood at 3,926,844 as of the end of March, compared to 4,077,101 three months earlier and 4,369,849 as of March 31, 2012.

Canal+ was the leading provider of services with 1,691,281 subscribers, though its take-up was also down, for the fourth quarter in a row.

Second placed Ono also noted yet another quarter of contraction, ending March with 853,750 pay-TV subscribers.

Telefónica, GolTV and TeleCable were next up with 656,499, 260,098 and 132,852 subscribers respectively.

On the other hand, pay-TV revenues continue to hold up, with the total figure for Q1 amounting to €440.98 million, or slightly down from the €444.15 million posted three months earlier but higher than the €433.43 million in Q1 2012.

source: broadbandtvnews.com/2013/07/23/spanish-pay-tv-feels-the-squeeze/