Magyar Telekom increased its TV subscriber total by 6.9% in its home market Hungary in 2020, ending the year with a total of 1,238,262.
At the same time, TV revenues grew by 6.3% in the year to HUF47,175 million (€130.8 million). Although blended TV ARPU fell by 0.2% to HUF3,288 during the year, it was 0.4% higher in Q5 at HUF,3296 than a year earlier.
Meanwhile, in Macedonia Telekom’s subsidiary saw its TV subscriber total increase by 4.5% to 142,495 in 2020, while TV revenues grew by 15.6% to HUF5,180 million.
Magyar Telekom as a whole had revenues of HUF673,048 million in 2020, or 1% more than a year earlier.
EBITDA was HUF225,882 million (+2.4%) and profit HUF42,364 million (+2.9%).