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Rostelecom grows pay-TV base

November 12, 2020 08.11 Europe/London By Chris Dziadul

The Russian incumbent Rostelecom ended the third quarter with 10.7 million pay-TV subscribers, or 4% more than in the same period last year.

Of these, over half (5.9 million), opted for IPTV services, up 8% on a year earlier.

Rostelecom also had a total of 13.4 million internet subscribers (+3%), of whom 12.3 million (+3%) were B2C broadband.

Despite growth in its pay-TV subscriber total, pay-TV ARPU in Q3 was 1% lower than a year earlier at R235 (€2.6), while that for IPTV fell by 4% to R298.

Rostelecom as a whole had revenues of R134,988 million (+13%) in Q3.

Its OIBDA was R53,677 million (+17%) and net income R11,988 million (+31%).

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Filed Under: Central & East Europe, Newsline Tagged With: Rostelecom, Russia Edited: 12 November 2020 08:11

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