VODAFONE’S Spanish service revenues have declined by 11.3%.
The drop is the second worst in Europe, the worst being seen in Italy, where revenues fell by 13.8%.
The mobile operator said the figures reflect the lower usage from existing customers but that it was continuing to invest in areas of potential growth.
Chief Executive Vittorio Colao said: “Our results continue to reflect very difficult market conditions in Europe.”
Despite the drop, shares in the company have risen by 2% in the UK.