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Comstar posts mixed results

August 27, 2009 09.17 Europe/London By Chris Dziadul

Russia’s Comstar-UTS ended Q2 with 133,000 pay-TV subscribers in Moscow, or 3% fewer than in Q1 and 10% than a year earlier.

Its pay-TV ARPU was nevertheless improved in local currency terms, at R550 (€12.2) being up by 11% in the quarter and 9% year-on-year.

Although the company’s regional pay-TV subscriber total in Q2 was unchanged at 1.953 million, it was 1,278% up on that a year earlier.

ARPU meanwhile rose by 3% in the quarter to reach R106.

Comstar-UTS puts the subscriber reduction in Moscow down to the adverse economic climate.

It also says that over 50% of its potential customers in the regions were receiving pay-TV services at the end of Q2, of which 374,000 opted for low-cost packages comprising of 20 channels.

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Filed Under: Central & East Europe, Newsline Tagged With: Comstar-UTS Edited: 27 August 2009 09:17

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About Chris Dziadul

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