Teo looks to 3D boost as IPTV base grows

TEOLithuanian service provider Teo is looking to boost the popularity of its IPTV service with the launch of wildlife and extreme sports 3D channel 3flow and basketball channel NBA TV HD. The latest additions follow an offer last month to customers to acquire both TVs and tablet computers via monthly fees.

Teo added 15,200 TV subscribers in the year to March 30, with growth to its IPTV service compensating for lack of progress with digital-terrestrial TV.

The telco said that IPTV subscribers increased by 17.2% over the year to March, reaching 97,200. The number of digital-terrestrial TV customers stood at 72,200 at the same date.

Teo’s broadband base grew by 15,600 over the last year, with approximately 42.6% of the group’s broadband customers now having access via fibre. FTTH and FTTB connections grew by 13.2% with DSL connections falling by 6.1%.

TV services accounted for 8.4% of Teo’s revenues for the first quarter, while internet services accounted for 24.1%.

Tags: Lithuania, Teo

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