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Elion gains market share

February 2, 2012 13.36 Europe/London By Chris Dziadul

The Estonian telco Elion ended 2011 with nearly 140,000 subscribers to its TV services, or 14,800 more than a year earlier.

As a result, it increased its market share of the country’s pay-TV market by three percentage points to 40%.

Elion also had 210,000 broadband subscribers at year’s end, of which 171,000 were domestic and 30,000 businesses.

This represented an increase of 9,000 over the previous year and raised its market share in the sector to 55%.

A service named eKodu that allows subscribers to choose individual services was already received in 50,000 at the end of 2011, just six months after its launch.

Elion’s turnover in 2011 amounted to €212.7 million, or 7% more than a year earlier. Its EBITDA stood at €59.3 million.

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Filed Under: Central & East Europe, Newsline Tagged With: Elion Edited: 9 February 2012 07:28

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About Chris Dziadul

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