Deutsche Telekom adds 360,000 TV subs
November 7, 2013
The German telco reported that as of September 30th it had a total of 3.4 million European TV customers for IPTV, satellite and cable services – up 21.8 per cent year-on-year and 11.7 per cent compared to the previous quarter. The firm said that this was mainly driven by an increase in satellite TV customers and that Slovakia made a “significant contribution” due to the buyout of Digi Slovakia.
“The TV business again proved to be a consistent growth driver in the first nine months of 2013. The total TV customer base increased by 17.4 per cent compared with the end of 2012 to 3.4 million, driven mainly by the increase in satellite TV customers,” said the company.
Overall the Group reported revenues of €15.5 billion, up 6 per cent year-on-year.