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DTH drives Magyar Telekom growth

February 25, 2010 08.47 Europe/London By Chris Dziadul

The Hungarian incumbent telco Magyar Telekom saw its TV subscriber total grow by 38% to 630,413 in 2009, thanks largely to the success of the company’s DTH operation.

This began 2009 with 5,338 customers and ended the year with 156,142 – an increase of 2,825.1%.

The telco’s IPTV subscriber total grew by a more modest 136.6% to 67,430, while the number of cable subscribers fell by 3.8% to 406,841.

However, blended ARPU for the TV segment as a whole was also down, the HUF3,280 (€12.1) figure for 2009 being 7.3% lower than a year earlier.

Magyar Telekom also saw its retail DSL and cable broadband subscriber totals rise in 2009, by 7.6% and 19.7% to 435,558 and 152,878 respectively.

The telco’s revenues as a whole in 2009 were down by 4.3% to HUF644 billion, while EBITDA fell by 7.2% to HUF249.1 billion.

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Filed Under: Central & East Europe, Newsline Edited: 25 February 2010 08:47

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About Chris Dziadul

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