Telekom Slovenije grows TV business

November 29, 2013 09.29 Europe/London By Chris Dziadul

Telekom SlovenijeTelekom Slovenije saw its TV subscriber total increase by 12% to 313,965 in the first nine months of this year.

At the same time, its fixed broadband connections rose by 2% to 348,766 and mobile telephony users by 7% to 2,234,166.

As of the end of June this year, according to the regulator APEK, the Slovenian incumbent claimed a 55.8% share of the country’s IPTV market, or 1.43 percentage points down on a year earlier.

However, the number of IPTV connections in its home market rose by 2.5% over the year to 128,527.

Telekom Slovenije has interests in four other CEE markets, namely Bosnia & Herzegovina, Kosovo, Macedonia and Albania.

Its operating revenues in the first nine months of the year amounted to €599.1 million, or €1.8 million more than in the same period in 2012.

Net profit totaled €46.3 million, or 7% more than a year earlier, while EBITDA was 5% lower.

Telekom Slovenije is planning a net operating profit of €50 million and EBITDA of up to €245 million for this year.