Telenor grows subs
Norwegian pay-TV operator Canal Digital reported a total of 1.866 million DTH and cable TV subscribers at the end of its Q3 (to Sept 30), up 21,000 from 1.829 million at the end of last year.
Subscribers have had to swallow a price rise (which helped drive an 11% growth in revenues), but to help compensate Canal Digital's HDTV channels are now bundled in as part of the conventional tiered structure. DTH numbers were up 4,000 at 1.125m.
Telenor's broadcasting division reported "solid revenue growth" and stable margins helped by the addition of Thor 5 into the fleet. There was an impressive 22% growth in revenues on the firm's Transmission and Encryption (Conax) divisions.