Magyar Telekom grows TV business
NOVEMBER 5, 2020 09.05 EUROPE/LONDON BY CHRIS DZIADUL

Magyar Telekom ended the third quarter with 1,215,481 TV customers in its home market Hungary.

This, according to the company in its latest set of results, was 6.8% more than a year earlier.

At the same time, blended TV ARPU increased by 0.1% to HUF3,288 (€9.03) and total TV revenues by 6.6% to HUF11,865 million.

Meanwhile, in North Macedonia Telekom’s subsidiary ended the third quarter with 140,137 TV customers, or 5% more than a year earlier. At HUF1,302 million, its TV revenues were 13.9% higher than in the same period last year.

Magyar Telekom as a whole had total revenues of HUF167,653 million in Q3, up 1.8% on a year earlier.

EBITDA was HUF60,737 million (+1.9%) and profit for the period HUF19,683 million (+50.9%).