ONO Q2 2007 Earnings and Operating Results

Cable television customers decreased slightly by 3,000 or 0.3% in the quarter to reach 922,000 as of 30 June 2007 mainly due to a number of analogue television switch-off projects which were executed during the second quarter.

Cable television customers as a proportion of total customers decreased by 0.6 pp to 49.5% in the quarter and penetration of cable television services over homes released to marketing decreased slightly in the second quarter by 0.3 pp to 14.6%.

At the end of the second quarter of 2007, 89% of our total television customer base enjoyed our digital offering. In addition, we launched “ojo”, our video on demand service, in Madrid and Barcelona in December 2006 and we expect to launch it in the rest of the former Auna areas in due course.

Links: Full results (pdf); ONO