TV services provide Hungary’s Magyar Telekom with a little cheer in what are otherwise disappointing third quarter results.
Its DTH platform, launched in Q4 last year, ended Q3 with 121,563 subscribers, while the IPTV operation saw take-up almost treble from 18,580 to 53.176 over the same period. While the cable TV subscriber figure fell by 1.9% to 409,197, the total number of TV customers rose to 583,936 (+34%).
However, blended ARPU for TV services fell by 7.2% year-on-year to HUF3,294 (€11.93). T
he telco’s IPTV services outside Hungary also continue to perform well. The one in Macedonia, launched in late 2008, had 8,301 subscribers, while that in Montenegro almost doubled its take-up from 12,521 to 24,581 in the year to September 30.
Overall, Magyar Telekom saw its revenues fall by 4.4% to HUF480.6 billion year-on-year in the first nine months of 2009, while EBITDA declined by 5.4% to HUF202.3 billion and net income by 16.1% to HUF67.4 billion.
About Chris Dziadul
"In an industry that experiences rapid change and often a confusing subsequent
constant supply of news, it is often refreshing to read an insightful perspective. Broadband
TV News and its editorial team regularly provide a context and
helpful analysis to breaking news.”
Broadband TV News is the must-read publication for those working in the Business of the Multiscreen Television. We deliver news, insight and data direct to your desktop. As well as our constantly updated website you can sign-up to our Daily and Weekly email bulletins. 
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.