A revamp of its product portfolio helped Spanish cablenet ONO increase its TV subscribers by 51,000 in the fourth quarter of 2007, reaching 960,000 by December 31, 2007.
The launch of a slew of new TV packages in the third quarter, including the entry point TV Esencial, helped increase cable customers as a proportion of the total by 0.5 percentage points to 51.6% on the quarter.
The total number of cable customers grew by 29,000 on the quarter to 1,859,000. However, churn continues to climb to 19.9% at the end of December, from 16.3% at the end of the previous quarter. Growth also in broadband and telephony: from 1,160,000 to 1,203,000 and 1,595,000 to 1,605,000 respectively.
Full year revenues dipped slightly from €1,633 million in 2006 to €1,616m in 2007, as EBITDA climbed by 15% year on year to €642m.
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Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published.