Telekom Austria adds 6,178 TV subscribers in 2Q 2014
Wednesday, August 13th, 2014
VIENNA — Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first half of 2014, ending 30 June 2014. Growth in TV and fixed-line broadband helped to stem the decline in fixed-line service revenues.
A1 TV
Telekom Austria finished the quarter with 483 thousand TV subscribers in Austria, Bulgaria and Croatia, up 6,178 in the quarter and 32,693 year-on-year.
Subscribers (000s)
Q1 2013 Q2 2013 Q3 2013 Q4 2013 ------- ------- ------- ------- Austria 225,162 227,839 229,796 235,683 Bulgaria 70,660 72,994 75,073 77,847 Croatia 144,191 149,777 158,085 157,076 ------- ------- ------- ------- Total 440,013 450,610 462,954 470,606 Q1 2014 Q2 2014 QoQ change (%) YoY change (%) ------- ------- -------------- -------------- Austria 239,994 241,589 1,595 (+0.7%) 13,750 (+6.0%) Bulgaria 77,349 78,809 1,460 (+1.9%) 5,815 (+8.0%) Croatia 159,782 162,905 3,123 (+2.0%) 13,128 (+8.8%) ------- ------- -------------- -------------- Total 477,125 483,303 6,178 (+1.3%) 32,693 (+7.3%)
“Direct2home” satellite product
“Direct2home” is a B2B Direct-to-Home platform uplinking TV signals via Telekom Austria’s earth station in Aflenz/Styria to the EUTELSAT 16A satellite at 16°E for broadcasting to Central and Eastern Europe as well as wider regions of Western Europe.
The service was launched in September 2013 with Telekom Austria’s Croatian subsidiary Vipnet. Vipnet now has 28,500 active customers. Telekom Austria’s Bulgarian subsidiary, Mobiltel, is also planning a service with a target of 45,000 customers in the first year.
The first external customers for Direct2home, in the Czech Republic and in Slovakia, are to launch this year.
Other Events
In June 2014, the Telekom Austria Group has signed an agreement for the merger of its subsidiary mobilkom liechtenstein into Telecom Liechtenstein AG to form a convergent market leader in Liechtenstein. The merger is subject to approval by the competent authorities. This transaction will be non-cash with the Telekom Austria Group holding a stake of 24.9% and the Principality of Liechtenstein holding 75.1% in Telecom Liechtenstein AG. The new company will offer bundled products out of one hand – fixed line, mobile communications, internet and TV services.
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