Canal Digital DTH and Cable TV subscribers down 14,000 in 1Q10

Wednesday, May 5th, 2010 
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FORNEBU — Telenor (Oslo:TEL) has released its Q1 2010 interim report for the period January-March 2010.

BROADCAST

  • Continued decline in DTH subscriber base

The number of DTH subscribers decreased by 6,000, and the number of cable TV internet access subscriptions increased by 11,000 during the quarter.

In Canal Digital Group, revenues increased mainly as a result of higher sale of additional services for cable and increased prices for DTH. This was partly offset by reduced DTH subscriber volumes, lower sales to small antenna TV networks and currency effects. EBITDA increased due to higher revenues and reduced sales and marketing expenses. In the fi rst quarter of 2009, EBITDA was negatively affected by a NOK 27 million provision related to replacement of cable TV decoders in Canal Digital Norway.

Revenues in Transmission & Encryption decreased slightly due to lower sale of conditional access services and currency effects, partly offset by increased revenues from satellite transmission and from terrestrial transmission in Norkring België which was consolidated from 1 December 2009.

No. of Canal Digital households (in thousands):

                                              2008                        2009   2010
                        --------------------------  --------------------------  -----
                           Q1     Q2     Q3     Q4     Q1     Q2     Q3     Q4     Q1
                        -----  -----  -----  -----  -----  -----  -----  -----  -----
DTH TV                  1,124  1,121  1,125  1,113  1,096  1,079  1,071  1,060  1,054
- of which in Norway                                  536                         523
- of which in Sweden                                  340                         334
- of which in Denmark                                 166                         141
- of which in Finland                                  54                          55
Cable TV                  710    734    741    746    739    732    732    729    721
- of which in Norway      442    466    474    476    473    471    474    477    479
- of which in Sweden      235    235    233    235    231    226    223    217    212
- of which in Denmark      33     33     34     35     35     35     35     35     30
DTT (Finland)                                          32                          17
BBTV (Sweden)                                           6                          18
SMATV
- of which in Denmark                                 667                         657
- of which in Sweden                                  271                         267
- of which in Norway                                  115                          91
- of which in Finland                                  51                          43

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