Cable Europe optimistic
March 23, 2009
From Nick Snow in Berlin
Figures released at Cable Europe’s annual Cable Congress indicate a strong increase in industry revenues and market penetration, as growth in cable services defied signs of a downturn in other parts of the European economy.
Volumes among cable customers remain robust, with double-digit European growth
In 2008 in digital TV, cable Internet and cable telephony subscriptions, based on analysis by Screen Digest.
A breakdown by sector shows that Digital TV subscriptions of the European cable industry rose 33 per cent from 13.5m to 18m, and now represent 29 per cent of all Cable TV subscriptions in Europe (2007: 22 per cent). Cable Internet subscriptions increased 17 per cent to 18.3m and cable telephone services rose 19 per cent to 14.2m.
Manuel Kohnstamm, president of Cable Europe, said that growth figures for 2008 were "very encouraging and showed how the cable industry outperformed in the current economic slowdown. "We stay resilient by taking full advantage of the continued transition from analogue to digital distribution. This gives us reason to be optimistic for the year ahead.
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