Magyar Telekom disconnected 22,000 long-standing, non-paying TV customers in Q4 2016 in its home market Hungary as part of a portfolio cleaning exercise.
This, along with similar reductions for fixed-line (16,000) and fixed broadband (19,000) customers, impacted negatively on its fixed-line revenues, which declined by 6.4% year-on-year in the fourth quarter.
Magyar Telekom nevertheless ended Q4 with 969,013 TV customers, or 0.8% more than a year earlier.
On the other hand, TV ARPU fell by 1.4% to HUF3,325 (€10.8).
Meanwhile, in Macedonia Magyar Telekom’s subsidiary saw its TV subscriber total increase by 4.1% year-on-year to 107,672.
In its latest results the telco notes that its TV revenues increased by 5.2% year-on-year to HUF11.1 billion in Q4, mainly driven by growth in the IPTV base both in Hungary and Macedonia.
IPTV subscribers generated as much as 63% of the group’s TV revenues in the quarter.
Magyar Telekom as a whole had total revenues of HUF158,828 million in Q4 (-13.2%) and EBITDA of HUF43,831 million (+0.2%). Its profit amounted to HUF20,251 million (+400.1%).
