Germany’s Kabel BW ended Q1 with 415,00 telephony and broadband customers, up from 270,000 a year earlier. The figure represented 18% of its 2.3 million connected homes.
Kabel BW also had 191,000 pay TV customers, compared with 165,000 a year earlier. Turnover during Q1 rose to €116.8 million (Q1 2008: €99.8 million).
EBITDA reached €55.4 million, which was a 43% increase compared to the first quarter of 2008 (€38.7 million). The number of full-time employees rose by 6% to 735.
Harald Rösch, CEO of Kabel BW, said in statement: “We have far from exhausted our growth potential. We expect continued strong momentum from our superior broadband and an attractive TV offering. We will provide interactive services, such as timeshifting TV and movies on demand, this year.”
Kabel BW also said the financial and economic crisis has not affected its employees and the company offers job security. “In an environment where customers are much more sensitive to each euro they spend, a company with an excellent price-performance ratio will benefit,” said Rösch.
