German cable operator Unitymedia has increased its turnover in Q2 2017 by 5% to €596 million compared with the same period last year.
The monthly average revenue per user grew by 4% to €25.11. Below the line, 54,000 new subscribers were added in Q2 2017. On June 30, 2017, the 7.2 million Unitymedia customers subscribed to more than 12.9 million TV, internet and telephony services.
The main issue in Q2 2017 was analogue switch-off. “In this quarter, we wrote TV history. As the first German cable operator, we closed down analogue television and now serve more than six million TV customer households with fully digital services. We have thereby paved the way for more channel variety and gigabit internet access on our network,” Unitymedia CEO Lutz Schüler said in Cologne.
The number of subscribers of premium TV products such as HD option or pay-TV rose by 33,000 in Q2 2017. The number of Horizon subscriptions climbed by 23,000 to a total of 640,000, corresponding with 10% of Unitymedia’s total TV customer base.
The demand for high internet bandwidths remains strong: Around 81% of new internet customers opted for broadband products with 120Mbps or more in Q2 2017; around one in ten signed up for 400Mbps internet access.
The new cable router Connect Box was activated by further 200,000 customers in Q2 2017. The device is now used by more than one in four Unitymedia broadband customers.
The Liberty Global subsidiary recorded 32,000 new broadband and 29,000 new telephony customers in Q2 2017. On June 30, 2017, Unitymedia served 3,4 broadband and almost 3.2 million telephony customers.
