Danish telco and cable operator TDC reported a year-on-year increase in TV revenues from its YouSee cable division, despite a sequential dip in TV average revenue per-user (ARPU).
Announcing its third quarter results, TDC said that its domestic TV revenue was up 5.4% year-on-year to DKK1.028 billion (€138 million). TV revenues for the first nine months of the year were up 6.2% to DKK3.112 billion, compared to the same period last year.
The firm attributed the nine-month increase to increased ARPU in both the TDC brand and YouSee following subscription fee increases at the beginning of 2013.
However, compared to Q2, TV ARPU decreased by DKK6 “due to migration to smaller TV packages under the YouSee brand and the fact that Q2 included a one-off boost from a pay-per-view,” the firm said.
Overall, in Q3, TDC’s revenue totalled DKK 6.069 billion, a decline of 4.4% compared to Q3 2012. Gross profit was down 3.3% to DKK4.448 billion.
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18th February 2019