TEO LT adds 1,369 pay TV subscribers in 1Q 2014

Tuesday, April 22nd, 2014
TEO LT logo

TEO LT, the largest provider of integrated telecommunication, IT and TV services in Lithuania, has released financial results for the first quarter of 2014.

In March television GALA became TEO television. At the same time TEO changed the graphic user interface (GUI) of IPTV service – the customers are able to use TV content more simply and intuitively, to easier find the programs and video recordings. Exclusive features of IPTV service led to a record (the highest during the last twelve months) increase in number of IPTV customers during the quarter: over the first three months the number increased by 4.3 per cent, over a year – by 14 per cent.

During January-March 2014, the number of IPTV services users increased by 4.5 thousand, while over the year by 13.6 thousand and by the end of March 2014 amounted to 111 thousand. During the last twelve months number of digital terrestrial television (DVB-T) users eased by 9.3 thousand and amounted to 63 thousand. Over the year the total number of television service customers went up by 4.3 thousand.

Number of TV customers

          31-03-2014  31-03-2013     Y-o-Y Change  31-12-2013  Quarterly Change
          ----------  ----------  ---------------  ----------  ----------------
Total        173,677     169,410   4,269   (2.5%)     172,308    1,369   (0.8%)
- IPTV       110,743      97,185  13,558  (14.0%)     106,228    4,515   (4.3%)
- DVB-T       62,934      72,225  -9,291 (-12.9%)      66,080   -3,146  (-4.8%)

On 31 December 2013, digital pay-TV penetration per 100 Lithuanian households was 31.7 per cent (in 2012 – 32.1 per cent).