Spain’s leading cable operator Ono ended 2011 with almost 8,000 subscribers to its TiVo service.
Launched in Madrid and Barcelona in October, it was extended last month to Valencia, Murcia and Santander and, according to a company presentation, achieved “excellent customer satisfaction metrics”.
These regions represent 37% of the pay-TV market in Spain and TiVo will continue to be rolled out in the coming quarters.
Ono had a total of 923,000 subscribers to its fibre TV services at the end of 2011, or 3.2% less than a year earlier.
However, its internet subscriber total rose by 3.6% over the same period to 1,429,000 and telephony customers by 1.3% to 1,708,000.
Furthermore, over 424,000 customers subscribed to its high speed internet packages of 30, 50 or 100 Mbps as of the end 2011.
Ono had revenues of €1,485 million in 2011, or 0.9% more than in the previous year, while its EBITDA rose by 3.2% to €748 million and net profit by 7.8% to €50 million.
