Kabel Deutschland with record growth in its Internet and Phone services

Wednesday, February 27th, 2008
Kabel Deutschland logo

  • Increase of 126% in Internet and Phone subscriptions to over 600,000 compared to previous year
  • Premium products digital TV, Internet and Phone achieve 20% share of total customer subscriptions
  • Revenue increase by more than 10% to €301 million compared to previous year
  • Operating results (EBITDA(1)) rises by more than 10% and reaches €115 million

Kabel Deutschland (KDG), Germany’s largest cable based TV and telecommunications provider, is heading for a record fiscal year. The quarterly and 9-months results per December 31, 2007 published today reveal record increases in the company’s customer base for the new Premium services. The quarterly revenues as well as the operating results likewise achieved record highs with respective growth rates of over 10%.

The total number of customer subscriptions (revenue generating units = RGUs) rose to 10,532 thousand by December 31, 2007 (previous year: 10,458 thousand). The marketing success for the new Premium services digital TV, Internet and Phone boomed again in the reported quarter ending December 31, 2007. With an over 20% share in the entire RGU base, the Premium services are increasingly becoming the growth engine for Kabel Deutschland.

The digitalization initiative of Kabel Deutschland, borne by the digital free-to-air as well as the attractive KDG pay TV offers, displays growing success. The number of KDG digital subscriptions increased to nearly 1.6 million (929,000 in the previous year), including the 763,000 KDG pay TV subscriptions as per December 31, 2007. Thus Kabel Deutschland achieved a digital TV penetration of 15% with its own products. Including the Premiere cable subscriptions in the KDG footprint, the digital TV penetration has now topped 20%.