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Ono loses subs as ARPU falls

Spanish cable operator Ono ended September with 1.87 million residential customers, 50,000 fewer than a year earlier.

Ono lost 14,000 TV customers during the third quarter, giving it a total of 977,000, 7.6% less than a year earlier.

The operator managed to attract 31,000 new internet customers in the nine months ending September 30, giving it a total of 1.3 million. It ended the month with 1.7 million telephony customers, up 1.5% year-on-year. The number of services per subscriber increased to 2.16 from 2.11, giving Ono a total of 3.9 million RGUs. However, ARPU for the nine months ending September 30 declined to €50.20 from €52.40 a year earlier. The operator said this was down to less voice traffic from fixed to mobile and international calls and fewer purchases of TV events.

Revenue for the nine months ending September 30 reached €1.14bn, down 5.1% year-on-year. EBITDA was up 3.5% to €541m.