Deutsche Telekoms pay TV platforms continued to grow across Europe during the first three months of 2011. â¨
In Germany, the telcoÂs Entertain IPTV service ended March with a total of 1,257,000 subs, compared with 896,000 a year earlier. Increased revenue from TV services helped to offset overall revenue from the telcoÂs German Consumer division, which was down 3.6% to Â3.1 billion during the first quarter. â¨
In Hungary, Magyar Telekom passed 750,000 IPTV and DTH subs during March, resulting in a 13.5% increase in revenues from TV services.
Deutsche TelekomÂs Croatian business T-Hrvatski Telekom increased its IPTV base to 317,000 from 257,000 a year earlier, adding nearly 20,000 subs in the three months ending March 31.
â¨Despite adding TV subs and increasing revenues from TV services across its markets, Deutsche TelekomÂs first quarter revenues were down 8% year-on-year at Â14.5 billion, with profit down 19% to Â1.6 billion. Â
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