INTELLIGENCE
Telenor’s Canal Digital pay TV unit continued to suffer its slow attrition of subscribers in the third quarter, losing 6,000 customers to take its total to 865,000.
Canal Digital revenues for the quarter dropped 2% to NOK1.145 billion, attributed to changes in its sports offering in Norway, with the effect of the subscriber drop being compensated for by price rises. EBITDA dropped 7% to NOK202 million.
Telenor Broadcast as a whole saw revenues slide by 3% to NOK1.246 billion for the quarter, with decreases posted by both Telenor Satellite and domestic transmission services arm Norkring.
Telenor had 533,000 fixed line TV subscribers in Norway at the end of the quarter, up 5,000 quarter on quarter. Fixed line TV ARPU was also up from NOK279 to NOK283 quarter-on-quart490,er. In Sweden, the company had 490,000 fixed TV subscribers, up from 487,000 for the preceding quarter.
Telenor as a whole saw a modest rise in revenues thanks to a solid performance in mobile and broadband, including solid uptake of new mobile tariffs.
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