The Lithuanian incumbent telco TEO LT ended the third quarter with nearly 162,000 subscribers to its IPTV and DTT services.
This was one-tenth more than a year earlier and a reflection of the upcoming analogue switch off in the country this November.
TEO LT’s broadband internet subscriber total meanwhile rose to 380,800 and the total number of main telephone lines in service to 615,800.
The telco’s revenues in the first three quarters amounted to LTL570.5 million (€165.1 million), or 3% more than a year earlier.
The EBITDA margin rose from 41.1% to 41.4% and net profit to from LTL117.3 million to LTL123.6 million.
TEO LT allocated a total of LTL100 million for investments in the first nine months of the year, with the focus being its next generation fibre-optic access and core networks.
Its FTTH internet access services were available for use to 747,000 households, or 62% of the country’s residents.
TV services accounted for 7.3% of its revenues in the first nine months of the year.
Data produced by the regulator CRA shows that in Q2 TEO LT had a 43.7% market share of digital TV revenues.
It also claimed 42.1% and 93.5% revenue share of the internet and fixed-line telephony sectors respectively.
