Viasat up 21,000
February 12, 2010
Viasat has added an additional 21,000 premium subscribers in the fourth quarter, across its DTH and IPTV platforms. Turnover increased by 6 per cent on the year to SEK 4076 billion, up 4 per cent year on year. However, a charge on Bulgaria's Nova Televizia of SEK 3.352 billion took MTG into a fourth quarter loss of SEK -2.722 billion and an annual loss of SEK 1.625 billion.
“We have continued to generate healthy sales growth and reported our highest ever fourth quarter and full year sales in 2009, despite the economic recession and declining advertising markets across Europe,” said MTG President and CEO Hans-Holger Albrecht. “The Scandinavian free-TV, Nordic pay-TV, Emerging Market pay-TV and Internet Retailing businesses all delivered sales growth and higher profits in 2009 than in 2008, whilst our emerging market free-TV businesses were profitable again on a combined basis in the fourth quarter.”
The number of subscribers with the ViasatPlus personal video recorder also increased year-on-year from 115,000 to 141,000 as of December 31st, 2009. The number of HDTV subscribers more than doubled year on year â€“ now standing at 106,000 â€“ an increase of 24,000 on the quarter.