Forthnet pay TV subscribers up 29.4% Y-o-Y in 2Q 2014

Friday, August 8th, 2014 
Forthnet logo

Forthnet S.A. (Hellenic Company for Telecommunications and Telematic Applications S.A.), has released its Q2 2014 Financial Results. Forthnet provides pay TV services in Greece under the Nova brand.

Pay TV

The subscriber base grew by 29.4% y-o-y, reaching 482.5k households, which is an all time high- in spite of the seasonality that adversely affects the number of customers at the end of June. The acceptance of Nova 3Play offer continued in Q2 2013. The rollout of 3play services is expected to be the main growth driver for the Pay TV market.

During the 1st semester of 2014, Nova continued the expansion and enrichment of the first web tv platform in Greece, namely NovaGo, offering a constantly increasing number of channels in live streaming and on demand content, including premieres of movies and series.

Pay TV customers in Greece

Q2 2014  Q2 2013      Δ
-------  -------  -----
482,572  373,049  29.4%