TV business aids Slovak Telekom

November 8, 2013 11.41 Europe/London By Chris Dziadul

Slovak Telekom gained a record 7,000 new TV subscribers in the third quarter, with its digital TV service Magio ending September with 191,000 customers.

This represented a 12% increase on the same period in 2012, with figures being boosted by the acquisition of DIGI Slovakia earlier this year.

Slovak Telekomís broadband subscriber meanwhile total rose by 7.6% to 504,000 over the same period.

The company notes that Magio TVís offer has been greatly enhanced by the inclusion of exclusive sports channels such as Slovak sport TV.2, which shows the Premier League, and a quartet of sports channels from DIGI Sport.

Slovak Telekom had revenues of Ä591.9 million in the first nine months of the year, down by 3.5% on a year earlier, while EBITDA fell by 4.1% to Ä249.6 million.