IPTV continues to drive Magyar Telekom’s TV business, with the company claiming 430,1110 subscribers in its home market Hungary at the end of the third quarter.
This was 15.5% on a year earlier, while the number of satellite customers grew by a more modest 0.7% to 306,936 over the same period.
At the same time, cable subscribers continued to decline, the 174,103 total being 1.3% lower than a year earlier.
Total TV customers meanwhile were up by 4.3% to 911,149.
At the same time, blended ARPU was HUF3,128 (€10.1), barely changed on the HUF3,120 a year earlier.
In Macedonia, the company ended Q3 with 96,450 IPTV customers, or 15.1% more than a year earlier, while in Montenegro it had 60.782 (+5.9%).
Magyar Telekom as whole had total revenues of HUF157,504 million in Q3, down 0.5% on a year earlier. Its net profit amounted to HUF11,797 million, or 9.8% more than a year earlier.
