Magyar Telekom’s Hungarian DTH subscriber total almost doubled in the 12 months to September 30 this year, rising by 94.9% from 121,563 to 236,901.
Its IPTV operation performed almost as well, with 102,518 subscriber figure at the end of Q3 being 92.8% up on a year earlier.
Although the telco continued to lose cable customers – the 385,884 total at the end of Q3 was 5.7% down year-on-year – overall the number of TV customers rose by 24.2% to 725,303. However, blended TV ARPU in Q3 was, at HUF2,953 (€10.86), 10.4% down on a year earlier.
Outside its home market, Magyar Telekom’s IPTV operation in Macedonia continues to grow strongly, the 23,445 subscribers at the end of Q3 being 182.4% up on a year earlier.
Meanwhile in Montenegro, its IPTV subscriber total was up by 42.5% year-on-year to 35,038.
These positive results are largely overshadowed by the telco’s disappointing financial performance, with revenues down by 5.8% to HUF452.6 billion in the first nine months of this year and EBITDA down by 7.6% to HUF186.9 billion.
Its net income fell by 15.6% to HUF56.9 billion over the same period.
