KDG doubles internet and telephony subs
By Julian Clover
July 29, 2009 11.39 UK
Kabel Deutschland has seen further growth in its core businesses of digital TV, telephony and broadband internet.
In its results for the three months to March 31, 2009 published today, Germany’s largest cablenet said the number of individual subscriptions, so-called RGUs, for internet and phone services had increased by 87.9% year-on-year to 1.42 million. The internet business contributed 707,500 and telephony 710,300. Some 70% of new customers are attracted to the recently introduced top speed of 32 Mbps.
The number of subscribers taking digital pay-TV services increased by 9.1% to 849,000. Digital Access RGUs, that is to say subscribers taking just the free-to-air digital services, stood at 2.1 million, an increase of 500,000.
Subscribers now take an average of 1.27 RGUs, compared to 1.19 as of March 31, 2008. The monthly per subscriber ARPU was €11.43 compared to €10.03 one year ago.
KDG has a total of 9 million customers, itself an increase on the 8.8 million in the preceding year.
Adjusted EBITDA was €570.7 million, a 24% increase on 2008. The doubling of losses to €72 million was a reflection of costs resulting from the acquisition of parts of the Orion Cable network.