Portuguese pay TV operator CabovisÃ£o had fewer subscribers in the second quarter of 2011 than during the same period last year, but its customers took more services.
The Cogeco-owned operator was connected to 268,721 homes at the end ofÂ Februray, compared with 269,194 a year earlier.Â However, the number of RGUs increased to 853,090 from 828,772. The number of digital TV subscribers increased to 175,803 from 159,852.
The operatorÂs owner sounded a note of caution that the economic difficulties faced by Portugal are not likely to ease in the short-term. ÂEconomic conditions in Portugal continued to be difficult, and Management has not yet detected clear signs of a sustained economic recovery. Consequently, Cogeco Cable continues to closely control costs and is focusing on generating RGU growth in the near term,Â Cogeco said in a statement.Â
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