Despite facing multiple challenges in both its Latin America and Europe operations, Telefonica is inking constant success and has reported an increase for the first quarter of 2013.

Telefonica’s executive chairman Cesar Alierta, in a statement, said that the company is generating outcome that reflects “a progressive stabilization of the business and a greater degree of diversification”, adding its financial position is persistently improving.

During the first quarter of this year, Spain’s biggest company announced the net income of €902 million which was 20.6% up from €748 million it generated last year.

The revenue fell 8.8% to €14.14 billion, with the sales in its key Latin American market, which accounts for more than half of the group’s revenues, dropping 4%. The revenue from the European market was down by 11%.

Brazil emerged as company’s biggest market for the first time, surpassing its home market Spain, where the sales declined 9.5% to €3.26 billion. Latin America delivered more than 50% of consolidated revenue to the company for second successive quarter, largely due to company’s downfall in Europe.

The company reported an operating income of €1.08 billion from Latin America, where it has 176.98 million mobile subscribers, and this number is increasing 3.6% annually.

The €1.08 billion operating income was 17.7% less than from €1.31 billion and the revenue of €7.23 billion was down 3.8% from €7.52 billion. The company described the impact of exclusion of Atento, the call-center unit sold last year, and February’s depreciation of the bolivar in Venezuela as main reasons behind recession.

From Europe, where it has 70.33 million mobile subscribers, the company reported an operating income of €1.13 billion, down 10.2% from €1.26 billion. The revenue of €7.56 billion slumped to €6.68 billion after witnessing decline of 11.7%.

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It seems as time goes by more and more of us around the world are using our mobile devices to view television and films throughout the family home.

The latest research from Motorola Mobility’s Fourth Media Engagement Barometer shows that globally consumers are now watching 25 hours of TV and film programming per week on their mobile devices, up from 15 hours in 2011.

The most notable change is that people are now using their mobile devices in preference to broadcast television. The survey, which asked 9,500 consumers in 17 countries, found that of the 36 percent of respondents who watch video programming in the bedroom, 46 percent view it on a smartphone, 41 percent on a tablet and 36 percent on broadcast TV.

People are even viewing content in more unusual parts of the home with 9 percent of tablet owners and 16 percent of smartphone owners admitting to consuming content in the bathroom, while 10 percent of tablets are used in the kitchen.

In spite of this, the living room is still the centre of home entertainment with 50 percent of people watching broadcast TV here, although in Sweden and the UK the figures were as high as 81 percent and 75 percent.

The research also revealed that consumers are frustrated by the lack of flexibility of mobile devices according to John Burke, senior vice president and general manager at Motorola Mobility. “Increasingly people are using tablets and smartphones to view their content, and they expect this experience to transition seamlessly across their favourite programmes, whenever and wherever they like,” he said. Among those surveyed, 76 percent said they want the capability to move video content between devices automatically.

Another reason people are increasingly using mobile devices to watch TV and films is the ability to record programmes and skip ads. The study reveals that 68 percent of people globally and 75 percent in the US record broadcast TV to skip the ads – a trend that is proving to be an ongoing challenge for the TV networks.

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