Primacom Quarterly Report Six Months Ended June 30, 2007Wednesday, August 29th, 2007
PrimaCom AG, Mainz, Germany – The management board approved the publication of PrimaCom’s interim consolidated financial statements for the six months ended June 30, 2007, on August 29, 2007.
The number of analog TV customers decreased since end of June 2006 from 911,053 to 861,985. However, of this decrease 14,446 occurred in the first half-year in 2007 while the remaining customers were lost second half-year in 2006.
This development shows that the efforts by the Company to offset the development in analog TV customers by upgrading the cable connections to so-called Triple Play services, is starting to be effective
Digital TV revenues remained flat at EUR 0.2m in the first six months of 2006 and 2007. Customer numbers increased slightly from 4,153 on June 30, 2006 to 4,244 on June 30, 2007. A comprehensive relaunch of this product is planned for the second half of 2007.
More: Full Report (pdf)