TEO LT adds 6k DVB-T and IPTV subscribers in 1Q10

Monday, April 19th, 2010
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TEO LT AB (Vilnius:TEO1L), the largest provider of integrated telecommunication, IT and TV services in Lithuania, has released its results for the first quarter of 2010.

Over the last 12 months, the number of the Company’s television service users increased by almost 37 per cent and at the end of March amounted to 108.5 thousand.

During January-March 2010, the number of television service users continued to grow. The total number of customers increased by 6.1 thousand: number of digital terrestrial television (DVB-T) service ‘Digital GALA’ users increased by 3.9 thousand and number of IPTV service ‘Interactive GALA’ increased by 2.2 thousand.

According to the CRA Report, at the end of 2009 TEO market share of the digital television service market in terms of customers amounted to 45.1 per cent and in terms of revenue – 35.9 per cent. TEO market share of the total pay-TV services market in terms of customers was 17.1 per cent.

Number of television service users:

          1Q10    4Q09    3Q09    2Q09    1Q09    4Q08    3Q08
        ------  ------  ------  ------  ------  ------  ------
IPTV    58,111  55,915  51,239  47,915  45,215  40,350  32,777
DVB-T   50,337  46,454  40,478  37,872  34,173  26,327  14,692

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