Eesti Telekom Reports 2nd Quarter and First Half 2008

Similarly to earlier quarters, the trend in connection fees for broadband services is continuing, whereby the clients are replacing individual services with comprehensive service packages. Compared to last year, the revenues for the broadband services segment increased 31% from the connection fees for service packages.

The number of triple-package users increased by 4,200 in the quarter, reaching 62.8 thousand as of 30 June (30 June 2007: 36.4 thousand). By the end of the second quarter, Elion had 67.7 thousand IP and cable television clients (30 June 2007: 39.5 thousand).

The popularity of the triple package has been significantly helped by the range of additional services being provided, such as video rental, the volume of which doubled in the second quarter compared to the first quarter. The marketing campaign promoting free films also increased the rental of paid films. Compared to last year, Elion’s video rental fees increased by 201% in the second quarter. In April three new channels – Disney Channel, Toon Disney, and Playhouse Disney – were added to the Elion DigiTV children’s package, which resulted in a price increase for the package from 1.23 EUR to 2.24 EUR. Among the Elion DigiTV theme package, the children’s package with over 4,000 subscribers is one of the most popular.

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