Kabel Deutschland Q3 boosted by TV
February 5, 2014
Kabel Deutschland has published its consolidated financial results for the quarter ending on December 31st 2013 revealing further recovery of its premium TV business with 86 thousand RGU net adds, resulting in a total of 2.2 million pay-TV and DVR RGUs.
Germany’s largest cable network operator also reported that continued Internet & Phone momentum with 88,000 net adds quarter on quarter. The company now serves 2.2 million subscribers with Internet & Phone.
Kabel Deutschland’s revenues grew by €11 million quarter-on-quarter and by €17 million or 3.7 per cent year-on-year to €482 million for the quarter, while adusted EBITDA grew by 4.7 per cent to €231 million.