The data is available in the Annual Statistics: section
1. General sector data > b) Investment > By operator
* Vodafone's data includes Ono's from 2015 onward.
Orange's data includes Jazztel's, and Euskaltel's includes R's from 2016 onward.
Movistar's data includes revenues corresponding to fixed, mobile, and audiovisual services for the entire historical series, and from 2016 onward includes those of DTS and TAD.
The data for mobile network operators includes those of the MVNOs they own.
Citation formats
Telecom & audiovisual sector investments in Spain, 2011-2020.
According to the source, Movistar led the ranking of total investment in the sector made by the main telecommunications operators in Spain from 2011 to 2020, followed by Orange.
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Comisión Nacional de los Mercados y la Competencia. (December 30, 2022). Investment of telecommunications operators and audiovisual services in Spain from 2011 to 2020 (in millions of euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/
Comisión Nacional de los Mercados y la Competencia. "Investment of telecommunications operators and audiovisual services in Spain from 2011 to 2020 (in millions of euros)." Chart. December 30, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/
Comisión Nacional de los Mercados y la Competencia. (2022). Investment of telecommunications operators and audiovisual services in Spain from 2011 to 2020 (in millions of euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/
Comisión Nacional de los Mercados y la Competencia. "Investment of Telecommunications Operators and Audiovisual Services in Spain from 2011 to 2020 (in Millions of Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Dec 2022, /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/
Comisión Nacional de los Mercados y la Competencia, Investment of telecommunications operators and audiovisual services in Spain from 2011 to 2020 (in millions of euros) ÌÇÐÄÆÆ½â°æ, /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/ (last visited July 24, 2026)
Investment of telecommunications operators and audiovisual services in Spain from 2011 to 2020 (in millions of euros) [Graph], Comisión Nacional de los Mercados y la Competencia, December 30, 2022. [Online]. Available: /statistics/1648802/evolution-telecommunications-industry-investment-by-operator-spain/