Telenor Broadcast ended 2017 with 862,000 DTH TV subscriptions, or 24,000 fewer than in the same period a year earlier.
Profits down at Telenor Broadcast
It was a familiar story for Telenor Broadcast as continuing subscriber erosion at Canal Digital was compensated by an increase in subscribers and hardware sales.
Telenor Broadcast holds steady
Telenor’s Broadcast division ended the second quarter with 902,000 subscribers to its DTH services.
Kårhus new Telenor Broadcast CEO
Ragnar Kårhus has been named as the new chief executive officer of Telenor Broadcast Holding AS and Canal Digital AS, effective as of August 1.
Hofbauer leaves Canal Digital for Telenor Sweden
Patrik Hofbauer has been named as the new CEO of Telenor Sweden; leaving his current role as CEO of Telenor Broadcast and Canal Digital. He will take up his new position on August 1.
Disappointing quarter for Telenor Broadcast
Canal Digital lost 3,000 DTH subscribers in Q4 2012 as revenues from sales to Danish housing associations hit revenues.
Canal Digital holding subscribers
Telenor Broadcast has delivered a solid third quarter with pay-TV operation Canal Digital stabilising on 948,000 customers, a loss of just 4,000 subscribers in the tough Nordic market.
Telenor Broadcast EBITDA at all time high
Continuing subscriber losses at Canal Digital were counterbalanced by a significantly improved EBITDA margin in the first quarter that was reflected across Telenor Broadcast.
Tough quarter for Canal Digital
Price increases and a rise in hardware sales helped Canal Digital maintain revenues amid continued subscriber falls.
Canal Digital struggles to arrest decline
Canal Digital continued to deal with subscriber erosion in the fourth quarter, but the Telenor-owned pay platform continued to grow revenues, largely on the back of additional services for its cable customers and increased prices for DTH.