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Canal Digital revenues grow but DTH subs fall

Telenor’s Canal Digital pay-TV arm lost 8,000 DTH customers during the third the quarter, taking the total to 1.07 million, while cable TV customers increased by 1,000, taking the total to 733,000. Cable internet subscribers grew by 14,000 to 230,000.

Revenue from Canal Digital reached NOK1.7bn (€202m), up from NOK1.6bn a year earlier. Telenor said this was down to higher sales of additional services related to internet for cable in Norway and price increases for DTH. This was partly offset by reduced DTH and DTT subscriber volumes and lower revenues from the resale of Norwegian football rights, which expired in 2008. Third quarter EBITDA was NOK193m, up NOK4m year-on-year.

Telenor’s transmission and encryption division, which consists of satellite services from the 1° West orbital position, terrestrial radio and TV transmission in Norway and conditional access systems, recorded revenues of NOK567m, up from NOK546m a year earlier. EBITDA was up NOK22m to NOK328m. The increases were due to increased due to higher revenues from satellite transmission and terrestrial transmission in Norway, combined with positive currency effects, partly offset by lower sales of conditional access services, Telenor said.