Subscriptions at Canal Digital continue their downward spiral in the first quarter as Nordic consumers continue their love affair with OTT services.
The Telenor-owned satellite platform shed 7,000 customers in the first three months of the year – 20,000 year over year – to end the quarter on 862,000.
Revenues also fell in Canal Digital DTH and across the broadcast division, though it was also impacted by a NOK 0.2 billion settlement for transmission company Norkring in the first quarter of 2016.
Broadcast revenues came in at NOK 1,488 million.
Canal Digital received NOK 1,099 million compared to NOK 1,147 million in the first quarter of 2016.
Meanwhile Telenor Satellite has leased a new set of transponders and will record a gain of NOK 0.3 billion in the second quarter of 2017.