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KDG sees HD and premium TV boost

German cable operator Kabel Deutschland (KDG) reported an increase in television subscribers as well as a large boost for its HD services. This comes as the cabler announced its second quarter financial results, which saw it post a 5.6% increase in revenues and a net profit of €44.9 million for the six months to end September.

KDG reported 98,100 new revenue-generating units – an increase of 7.4% – for its premium TV service in the quarter. This brings the total number of premium TV RGUs to 1.415 million, an increase of 24.6% over the year. This was particularly boosted by strong demand for its digital video recorder service, which grew by 83.7% in the quarter, and its HD service, which saw 82,000 new orders placed until the end of October 2011. This comes after the operator launched its new HD service with six new channels including four from the ProSiebenSat.1 Group.

Tags: Germany, KDG