Telenor Broadcast sees Canal Digital subs continue to fall

Telenor continued to lose subscribers across its pay TV platforms during the third quarter while revenues from its Broadcast division also declined.

Telenor’s Canal Digital DTH platform lost 6,000 customers during the quarter, ending September with 973,000 subs, compared with 1,025,000 a year earlier. This was an improvement on the same quarter a year ago, however, when it lost 14,000 customers.

The platform contributed revenues of NOK1.47 billion (€191 million), down from NOK1.059 billion a year earlier as the positive effect of price increases was offset by the reduced subscriber base. Cable TV customers numbered 226,000 at the end of September, down from 234,000 a year earlier.

Revenues from Telenor’s satellite unit were also down as strong business from the CEE region was offset by reduced revenues in the Nordic region. Third quarter revenues declined to NOK259 million from NOK276 million a year earlier.

Telenor’s conditional access subsidiary Conax reported increased revenues of NOK144 million compared to NOK131 million a year earlier.

Telenor Broadcast reported total revenues of NOK1.762 billion, down 1% year-on-year.

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