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PrimaCom loses analogue TV homes

September 1, 2009 09.43 Europe/London By Robert Briel

primacomleipzigThe German cable operator PrimaCom reported a drop in the number of analogue cable connections during the first half year, in part due to the sale of two networks.

The operator served 702,878 with analogue television, down from 835,506, as of the end of June. The majority of this loss, 102,058 customers, stemmed from the sale of its networks in the cities of Wiesbaden and Aachen.

The number of broadband internet homes grew from 54,952 to 55,423, while the number of telephony customers grew from 41,303 to 48,026.

Turneover of the cabler came down from €58.52 million to €54.51 million, EBITDA was minus €18.72 million (as compared with minus €6.02 million last year).

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Filed Under: Cable, Finance, Newsline Edited: 1 September 2009 11:36

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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