KDG adds 34k Premium TV RGUs in 1Q10

Monday, April 26th, 2010
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UNTERFOEHRING — Stock listed Kabel Deutschland Holding AG (KDG), Germany’s largest cable operator, announced today its Key Performance Indicators (KPIs) for the end of its fiscal year 2009/2010, March 31, 2010.

  • Total direct subscribers reach 7.47 million on March 31, 2010, down approximately 33 thousand from previous year primarily related to one time adjustments related to the Orion acquisition and final integration. On a pro-forma basis for these adjustments total direct subscribers increased by 16 thousand during the fiscal year end March 31, 2010.
  • As expected, total subscribers decreased by approximately 222 thousand year over year mainly from the loss in the low ARPU indirect subscriber segment.
  • Internet and phone subscribers grow by approximately 291 thousand year over year and 68 thousand in the fourth quarter, up 36.1%, and 6.6% respectively, in line with guidance of the Company.
  • Internet and phone RGUs grow by 556 thousand units compared to March 31, 2009 and reach 1,974 thousand, a 39.2% increase over prior year. In the last quarter, Internet and phone RGUs increased by approximately 130 thousand units, up 7% from December 31, 2009.
    966 thousand RGUs are from the Internet services sector (previous year 708 thousand), 1,008 thousand RGUs from the phone services sector (previous year 710 thousand).
  • Homes passed being marketed upgraded for two-way communication for Kabel Deutschland’s Kabel Internet & Kabel Phone services increase from 8.58 million to 9.52 million on March 31, 2010, up 11.0% or 940 thousand from previous year. In the fourth quarter alone, Kabel Deutschland opened 420 thousand to that base allowing Kabel Deutschland to sell its attractive products to more households than ever.
  • Premium TV RGUs* increase by approximately 111 thousand units year over year reaching 1,073 thousand on March 31, 2010, up 11.5% from previous year.
  • New Services RGUs (Premium TV, Internet and Phone) comprise 25.3% of total RGUs compared to 20.5% in the previous year.
  • Total RGUs amount to 12.05 million on March 31, 2010, up 3.6% or approximately 421 thousand from previous year’s 11.63 million.
  • Subscribers now take an average 1.35 RGUs compared to 1.27 as of March 31, 2009 and compared to 1.33 as of December 31, 2009.

Summarizing the KPIs, Kabel Deutschland again underlined its successful business model with sustainable growth in a highly competitive market.

The preliminary full fiscal year 2009/2010 financials ended March 31, 2010 for consolidated Kabel Deutschland Holding AG will be released on June 1, 2010.

Subscribers (in thousands):

                                        March 31,  March 31,   y-o-y     y-o-y  Dec. 31,
                                             2010       2009  change  change %      2009
                                        ---------  ---------  ------  --------  --------
Subscribers taking Basic Cable            8,734.6    9,013.3  -278.8    -3.09%   8,788.4
  Direct Basic Cable subscribers          7,307.1    7,397.3   -90.2    -1.22%   7,337.2
  Indirect Basic Cable subscribers        1,427.5    1,616.1  -188.6   -11.67%   1,451.1

Premium TV Subscribers                      817.0      764.6    52.4     6.86%
  Premium TV RGUs*                        1,073.2      962.7   110.5    11.48%   1,039.0

* Premium TV RGUs consist of RGUs for our pay TV product, Kabel Digital (Kabel Digital Home and various foreign language packages), and our DVR product, Kabel Digital+.

More: KPIs