INTELLIGENCE
Danish cable operator TDC has reported its best-ever quarterly pay TV subscriber growth.
The company, which operates cable services under the YouSee brand and IPTV services under the TDC brand, saw pay TV numbers increase by 37,000 in the three months ending March 31. The operator said an antenna association win and gains associated with TV2 becoming a pay channel helped boost results.
The number of TDC TV customers increased by 21,000 during the first quarter, with YouSee Basic customer numbers up 16,000.
TDC is also seeing success with its VOD and web TV offerings. The number of active web TV users reached a high of 195,000 during the quarter, while the number of VOD sessions increased to 549,000 compared with 100,000 a year earlier.
First quarter revenues were up 0.5% to DKK6.6 billion (€888 million), with gross profit down 2.8% to DKK4.7 billion and EBITDA down 1.2% to DKK2.8 billion.
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