Revenues at Telenor Satellite Broadcasting fell by 5% in the first quarter of the year in what was generally a disappointing start to 2013 for Telenor’s broadcasting activities.
TelenorSat has recently signed a new two-transponder deal for a planned Bulgarian DTH platform known as W1.
Revenues and EBITDA within technology wing Conax also slipped as the smart card supplier shipped more smart cards into less lucrative markets.
Canal Digital was able to increase revenues by 2% from increasing per customer revenues and hardware sales. However, the underlying trend is continued subscriber erosion, with the loss of another 8,000 homes.
The EBITDA margin within Canal Digital DTH was on a par with last year at 15%.
Telenor Broadcast division made a profit of NOK 324 million, down from NOK 335 in Q1 2012.
