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Deutsche Telekom wins 58,000 new MagentaTV customers

August 8, 2019 09.28 Europe/London By Jörn Krieger

German telco Deutsche Telekom recorded 58,000 new customers for its IPTV platform MagentaTV in Q2 2019.

The growth was lower than in Q1 2019, when 66,000 new customers were acquired, but higher than in Q2 2018, when 47,000 new customers were added.

As a result, MagentaTV had a total of 3.48 million customers on June 30, 2019, as Deutsche Telekom announced during the presentation of its quarterly figures. This corresponds to an increase of 7.3% year-on-year. On June 30, 2018, the platform had 3.24 million customers.

In the fixed-line business, growth in fibre-optic-based subscriptions (FTTH, FTTC/Vectoring) continued. With 13.4 million customers, the number was 22% higher than in the previous year. In Q2 2019, 521,000 new subscriptions were added.

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Filed Under: IPTV, Newsline, Platforms Tagged With: customers, Deutsche Telekom, MagentaTV Edited: 8 August 2019 09:32

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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