Slovak Telekom IPTV passes 50,000 subscriber mark in 3Q09
Thursday, November 5th, 2009Financial results of Slovak Telekom Group for the first nine months of the year 2009
In the reported period, the Slovak Telekom Group, majority owned by Deutsche Telekom (Frankfurt: DTE)(NYSE:DT), primarily focused on expanding the broadband services in both fixed and mobile segments and on the stabilization in the field of voice services. The Group’s total revenues reached EUR 734.1 mil.
Miroslav Majoroš, Chairman of the Board of Directors and President/CEO of Slovak Telekom: “The focus on the expanding of broadband services in the fixed network segment with respect to both content and coverage has been proven by the almost 20%-growth in the number of accesses in this segment. At the same time, the number of the Magio digital television customers increased by more than 66% and significantly exceeded the level of 50,000. Another 75,000 households can gain access to the modern services thanks to special miniDSLAM equipment that enables the using of the Magio Internet and Magio TV also in distant villages in Slovakia. We have recently started with the first satellite broadcasting tests that will bring Magio TV to the whole territory of Slovakia. Our company becomes the first Slovak multimedia operator that will offer the interactive digital television not only in the fixed (metallic and optical) network, but also through satellite technology. Naturally, we have continued in expanding the optical infrastructure that is available for more than 270,000 households.”
More: Earnings Release
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