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Tele Columbus sets out expectations after Primacom and Pepcom

Tele Columbus zentrale_hannover_bigGerman cable operator Tele Columbus has said that it expects mid-single digit revenue growth and a stable base of connected homes of around 3.6 million for the remainder of this year following its acquisition of Primacom and Pepcom.

Tele Columbus said it also expected high single-digit EBITDA growth this year.

The operator expects revenue generating units per subscriber to rise to 1.8, and blended ARPU to grow to €18 per week. It also expects to have 71% of homes upgraded to two-way by the end of the year.

The board said it expected total costs and capex synergies from the integration to amount to €40 million from the 2018 financial year, up from the previously communicated €35 million.

The guidance comes as the operator posts its first consolidated results including the two smaller operators. Tele Columbus posted revenues of €460.7 million for the 2015 financial year, and normalised EBITDA of €233.8 million. Capex amounted to €165.1 million.