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Pay-TV landmark for Rostelecom

August 3, 2018 07.48 Europe/London By Chris Dziadul

Russia’s Rostelecom ended the second quarter with 10 million subscribers to its pay-TV services.

This was 5% more than in the corresponding period in 2017 and 1% more than three months earlier.

Of the total, just over half (5.1 million) were for its IPTV services, or 11% more than in Q2 2017 and 2% more than in Q1 2018.

Rostelecom saw its MVNO subscriber total double to 1 million in the year to June 30, while the total number of internet subscribers rose by 2% to 13 million.

Its B2C internet subscriber base amounted to 12 million (+1% year-on-year), of which 66% (7.9 million, up 6% year-on-year) were connected to the company’s fibre-optic network.

Rostelecom’s revenues in Q2 were R77,365 million (€1,052 million), or 3% more than in the same period last year.

OIBDA was R23,659 million (-4%) and net income R3,094 million (+9%).

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Filed Under: Central & East Europe, Newsline Tagged With: Rostelecom, Russia Edited: 3 August 2018 07:48

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