YouSee turns in positive financial performance

Danish telco TDC reported 1.195 million TV customers at the end of June, up 6.3% year-on-year. The figure included analogue and digital cable subscribers of its YouSee cable operation as well as IPTV subscribers.

TDC had 1.292 million retail broadband customers at the end of the first half, up 9.5% year-on-year. Wholesale broadband customers numbered 118,000, down 12.6%.

YouSee’s financial contribution was boosted by an increase in cable TV revenue thanks to an increase in customers and higher ARPU. YouSee posted total revenues of DKK1.72bn (€231m) in the first half of the year, up 8.7% year-on-year. Digital TV contributed DKK96m of that, up 54.8% year-on-year, while internet services revenue was DKK339m, up 7.6% and fixed-line telephony revenues were DKK31m, up 19.2%. EBITDA was DKK550m, up 20.6%. Fixed-line telephony customers grew by 51.2% in the first half to 65,000, of which 56,000 were VOIP customers (with 12,000 of those coming from the acquisition of A Plus).

TDC as a whole posted revenues of DKK17.839bn for the first half, down 0.4%, with EBITDA of DKK6.337bn, up 8.4%.