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TV milestone for Magyar Telekom

May 11, 2017 11.29 Europe/London By Chris Dziadul

Magyar Telekom now has around 1 million TV subscribers in its home market, Hungary.

In its latest set of results, the company says that the figure at 984,974 as of the end of March, or 2.2% more than in the corresponding period last year.

Meanwhile, blended TV ARPU in the first quarter was HUF3,512 (€11.3), a 7.1% increase on a year earlier.

TV revenues in Hungary in Q1 amounted to HUF10,296 million, an 8.7% increase on a year earlier.

In other markets, Magyar Telekom’s Macedonian subsidiary saw a 6.3% year-on-year increase in TV customers, ending Q1 with 110,797.

Magyar Telekom’s total revenues in Q§1 amounted to €140,507 million (+1.6%).

Its EBITDA was HUF38,342 million (-16.5%) and total profit HUF14,340 million (+25.1%).

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Filed Under: Central & East Europe, Newsline Tagged With: Hungary, Magyar Telekom Edited: 11 May 2017 11:29

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About Chris Dziadul

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