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Telekom Austria grows pay-TV business as profit falls

February 15, 2018 12.30 Europe/London By Chris Dziadul

A1 Telekom Austria Group saw growth in its pay-TV operation in Bulgaria in 2017, ending the year with 485,100 subscribers to its fixed-line services.

This was up from the 478.200 total (+1.5%) recorded 12 months earlier.

The pay-TV total in Croatia also grew over the same period, from 202,400 to 211.000. However, in Macedonia it fell by 1% to 122,900.

In the company’s home market Austria, the fixed-line pay-TV subscriber total rose by 4.5% to 297,100 over the same period.

A1 Telekom Austria Group notes that in Bulgaria Mtel’s fixed-line business was driven by its content strategy, which included exclusive sports from Q1 2017. There was also growth in satellite TV RGUs.

In Croatia, Vipnet’s business benefited from the acquisition of Metronet, as well as the introduction of a new convergent portfolio.

The group as a whole had reported revenues of €4,382.5 million in 2017 (+4.1%), while its EBITDA was €1,397.3 million (+3.2%). Its net result was €345.5 million, down 16.4% on the previous year.

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Filed Under: Central & East Europe, Newsline Tagged With: A1 Telekom Austria Group Edited: February 15, 2018 12:31

Chris Dziadul

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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