Canal Digital subs down, but Q1 revenues rise

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Scandinavian DTH operator Canal Digital lost 9,000 subs in its Q1 trading period to March 31st. However the remaining 920,000 subs helped drive revenues up 0.7 per cent (y-o-y) to NOK 1.128 billion.

Telenor says that positive currency effects helped compensate for the fall in core subscribers, and reported that adjusted EBITDA rose NOK 9 million from NOK 165 million a year ago to NOK 174 million in this most recent quarter.


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