TEO LT TV subscribers up 1.8% over 2013

TEO LT, the largest provider of integrated telecommunication, IT and TV services in Lithuania, has released financial results for 2013. The total consolidated revenue of TEO Group during 2013 amounted to LTL 720.6 million.

As a result of TEO launching its new generation internet TV service for smart devices “Interneto.tv”, more and more customers were choosing IPTV services. The number of customers using this service was 12.2% higher in 2013 than a year ago. However digital terrestrial television (DTT) customers fell by 11.4%.

By the end of the year 2013, the total number of TEO TV service users reached 172.3 thousand, up 1.8% from the 169.3 thousand recorded at the end of 2012.

Number of TV customers

          31-12-2013  31-12-2012  31-12-2011
          ----------  ----------  ----------
Total        172,308     169,285     151,175
  IPTV       106,228      94,665      79,918
  DVB-T       66,080      74,620      71,257