TV boost for struggling Telekom Austria

Upselling to TV services provided a boost for Telekom Austria in its domestic market, where the operator’s first half performance was hit by an exceptional item related to the introduction of a new fixed line billing interface.

Telekom Austria had 241,600 TV subscribers in the Austrian market, up 6% year-on –year, out of 1.39 million retail broadband lines, up 6.3%. Average revenue per line fell by 1.5% to €30.30, a slowing down of its decline that the company attributed in part to successful upselling to TV.

In Croatian, subsidiary Vipnet had 162,900 TV subscribers, up 8.8% year-on-year. Total fixed broadband retail lines numbered 121,000, up 22.2%. Telekom Austria’s Bulgarian subsidiary had 78,800 TV subscribers, up 8%,

Telekom Austria posted revenues of €1.939 billino for the first half, down 7.3%, while comparable EBITDA was €619.4 million, down 7.2%.