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Kabel BW continues growth momentum

German cable operator Kabel BW ended September with a total of 4.3 million RGUs, a year-on-year increase of 477,000.

The operator has seen growth across all of its products in the first nine months of the year, including pay TV which was up 36% to 353,000 RGUs. Pay TV ARPU in the third quarter increased to €19.30 from €17.80.

Kabel BW ended September with 779,000 broadband customers taking speed packages of between 12Mbps and 100Mbps compared with 624,000 a year earlier. Telephony RGU numbers were up 25%.

Revenue for the nine months ending September 30 was up 10.8% to €456.4 million, with adjusted EBITDA up 15.3% to €268.1 million.

“We are able to sustain our growth momentum on a high level,” said Kabel BW CEO Harald Rösch. “It is crucial that our growth brings added value and that our profitability is increased continuously. We are gaining more than 300 new customers a month in this highly attractive area of business. These customers appreciate our reliable and high-performance infrastructure as well as our service guarantees.”

Tags: Germany, Kabel BW