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Telekom Austria ups TV subscribers

Telekom Austria reported a 7.8% increase in domestic TV customers in the first nine months of the year, though revenues and earnings were down year-on-year.

The firm said that its Austrian teleco provider A1 reported 229,800 TV customers, up almost 8% compared to the previous year.

Broadband lines rose by 5.0% to 1.36 million in the period. However, these gains could not compensate for a decrease in average revenues per line for fixed line access, which dropped by 1.6% to €31.3.

Overall, Hannes Ametsreiter, CEO A1 and Telekom Austria Group said “in the first nine months of 2013, we were able to achieve a solid operating performance, defying the persistently difficult framework conditions.”

However, group revenues declined by 2.6% to €3.13 billion and net profit was down 11.6% to €159.2 million.