The loss of low ARPU subscribers and adjustments following the Orion Cable acquisition reduced the number of subscribers at Kabel Deutschland in the financial year ending March 31, 2010.
Germany’s largest cable operator recorded a loss of 33,000 direct subscribers on the year to 7.47 million. Total customers, including indirect subscribers fell by 222,000 year-on-year.
However, while KDG might have lost the opportunity to market some households that in reality were never going to help the balance sheet, premium TV RGUs increased by 111,000 (11.5%) to reach 1,073,000.
Subscribers now take an average of 1.35 RGUs, compared to 1.27 at March 31, 2009.
Kabel Deutschland’s full financial statements will be released on June 1, 2010.