KDG grows premium subscriber base

Germany’s leading cable operator Kabel Deutschland (KDG) added 127,300 digital premium pay TV subscribers in the year to September 30, taking its total to 1,135,300, helping to push the company’s ARPU over €13 a month for the first time. ARPU reached €13.08 for its fiscal second quarter, up from €11.88 a year earlier.

In the third quarter KDG added 64,000 internet and phone customers, taking the company’s total to 1.21 million. However, the company’s total subscriber base declined year-on-year from 9.006 million to 8.846 million thanks to losses from its basic cable base (down from 9.111 million to 8.966 million). Total revenue-generating units grew year-on-year to 12.314 million from 11.841 million.

KDG posted revenues of €396 million for its second quarter, up from €368 million a year earlier. Adjusted EBITDA was €179 million, up from €163 million. KDG posted a net loss of €5.8 million for the quarter, compared with a net loss of €16.4 million a year earlier.