Spanish regional cable operator R achieved revenue growth of 8% for 2009, despite tough market conditions, taking its revenues for the year to Â209.4m.
R, which operates in the Galicia region, posted EBITDA of Â93m, and a net profit of Â22.88m.
The operator invested Â723m in a new fibre network during the year. The company currently makes 100Mbps broadband services available in 60% of those areas where its fibre network has been built out.
R served approximately 250,000 customers at the end of 2009, with about 600,000 RGUs. About 44% of homes take digital TV services. R also reported it had 60,000 mobile phone customers at the end of the period.
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