Unitymedia continues to grow digital base

Unitymedia ended September with 1.3 million digital subs, up 17% year-on-year. However, its analogue subscriber base was down 8% meaning its overall cable subscriber base was 4.5 million, down 3% on the previous year.

New Services RGUs, comprising internet, telephony and digital pay-TV offerings, increased by 39% year-on-year to 1.9 million during the third quarter, including 537,000 broadband RGUS (up 65% year-on-year). Digital pay-TV RGUs were down 11% to 470,000. However, Unitymedia said this part of the business showed underlying growth of 23,000 net additions in the quarter, largely offset by the remaining churn from customers subscribing to former Bundesliga packages.

At the end of September, 90% of Unitymedia’s network had been upgraded to offer its Unity3play triple-play services. ARPU from triple-play services was down to €37.99 at the end of the quarter from €41.25 a year earlier. Digital pay-TV ARPU fell to €7.82 from €9.72.

The operator posted third-quarter revenue of €226.7m, up 3% year-on-year, of which €11m came from digital pay-TV services. Adjusted EBITDA was up 12% at €113.4m.

 

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