Telekom Slovenije Income Still IncreasingFriday, November 28th, 2008
96% growth of IPTV connections compared to the end of September 2007
LJUBLJANA — Despite big changes in the industry and the competitiveness of the market, Telekom Slovenije (Ljubljana: TLSG) and its subsidiaries are still enjoying growing incomes. The income increased by 10 percent in the first nine months of this year. In that period, Telekom Slovenia Group had an operating income of 643.6. EBITDA increased by seven percent and amounted to 245.1 million euro. Earnings before interest and taxes reached 107.3 million euro and were in the same range as in the same period last year. Net profit amounted to 71.8 million euro. The business results for the first nine months of this year were examined and confirmed by the company Supervisory Board.
Key operation highlights – Telekom Slovenije – Broadband services
In spite of the highly competitive broadband access market in Slovenia, the segment of end user broadband access was by 16% higher at the end of September 2008 compared to the situation at the end of September 2007. The share of xDSL access without TDM telephone ports is increasing and already represents 29%.
Number of broadband ports – end users:
30.9.2007 30.9.2008 Index 08/07 --------- --------- ----------- Broadband connections 165,673 191,634 116 xDSL without TDM 21,852 51,779 237 xDSL with TDM 143,505 129,482 90 FTTH 316 10,355 3,277 WiMAX 0 18 -
Also the number of VoIP (77% growth compared to the end of September 2007) and IPTV (SiOL TV) ports is increasing (96% growth compared to the end of September 2007, from 33,580 to 65,929 connections). Cable TV ports are marketed in packages and separately on FTTH access. End of September 2008, the number of ports was 4,236, which is almost 8 times as much as at the end of 2007.
Links: Telekom Slovenije