At the same time, reports ComNews, its revenues grew by 2% to R3.5 billion (€54.2 million).
ARPU for the company’s basic package grew by 24% to R103 and 9% to R277 for the main package.
DTH (pay-TV) services accounted for 76% of Orion Express’s revenues in 2016, with broadcast service providing 21% and channel distribution 3%.
The split between B2C and B2B revenues was 75/25.
Although Orion Express does not expect a large increase in its subscriber base in 2017, it plans to continue its expansion to other CIS markets, targeting Armenia and Azerbaijan.
It may also look at Kazakhstan and Ukraine.
In 2016 Orion Express began to provide DTH services in Georgia through the local company Super TV.