Spain telecoms regulator sees more pain for operators in 2013

A woman looks her mobile phone as she walks past a Samsung stand at the Mobile World Congress in BarcelonaBy Clare Kane MADRID (Reuters) – Earnings are falling for Spanish telecoms operators this year as recession drags on and competition heats up, with mobile broadband the only area of growth, the head of Spain's telecoms watchdog said. Trends seen last year, which resulted in total revenue for the sector falling 7.2 percent to 35.2 billion euros ($ 45.9 billion), have continued into 2013, Bernardo Lorenzo said at a presentation on Wednesday of the regulator's 2012 report. …

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