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Kabel Deutschland 2010 loss narrows

June 11, 2010

Kabel Deutschland, Germany's largest cable-television operator, said its full-year loss narrowed as more customers added Internet and phone services to their TV subscriptions.

The net loss for the 12 months through March 31st was E45.3 million compared with E144.3 million a year earlier. Sales rose 9.6 per cent to E1.5 billion.

“We are confident that we will continue our growth trajectory” Kabel Deutschland Chief Executive Adrian von Hammerstein said.

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