YouSee doubles digital revenues

By Julian Clover

August 12, 2009 08.34 UK

Danish cablenet YouSee increased its revenues by DKK 34 million (4.57m) in the first six months of 2009, representing a rise of 54.8%. It contributed to an overall increase of DKK 138 million that took the TDC-owned operation to DKK 1,720m. EBITDA of DKK 550 represented an increase of 20.6% on the first six months of 2008.

Another major contributor was A+, the 62,000-subscriber broadband and antenna network, purchased in June from Nordica Capital Partners and LD-Invest Equity. The new business contributed DKK 15m.

Telephony customers within the YouSee network rose by 51.2% to 65% in the first half, including 56,000 VoIP customers, 12,000 of which came from A+.

TV subscribers, including A+, increased to 1,195,000 from 1,124,000 12 months previously.