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Viasat grows pay-TV business

April 25, 2007 11.28 Europe/London By Chris Dziadul

Results published by Sweden’s Modern Times Group (MTG) show that Viasat Broadcasting’s premium subscriber base in the Nordic pay-TV sector in Q1 2007 was 15% larger than in the corresponding period in 2006. Furthermore, 21% of its premium subscriber base was accounted for by 155,000 Viasat+ and Multiroom subscriptions. Meanwhile in Central and Eastern Europe, the Baltic DTH pay-TV platform more than doubled its subscriber base year-on-year, while 18 channels in 26 territories reached 8.8 million subscribers. Viasat Broadcasting’s Pay-TV Nordic business posted net sales of SEK877 million (€95.4 million) in Q1 2007, or 17% more than in Q1 2006. At the same time, its operating income (EBIT) was up by 18% to SEK148 million.

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Filed Under: Newsline Edited: 25 April 2007 11:28

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