Magyar Telekom adds 12,935 TV subscribers in 2Q 2021
Tuesday, August 10th, 2021BUDAPEST — Magyar Telekom (Reuters: MTEL.BU and Bloomberg: MTELEKOM HB), the leading Hungarian telecommunications service provider, today reported its consolidated financial results for the second quarter and first half of 2021, in accordance with International Financial Reporting Standards (IFRS) as endorsed by the EU (hereinafter: half-year report).
The MT-Hungary segment operates in Hungary, providing mobile and fixed line telecommunications, TV distribution, information communication and system integration services to millions of residential and business customers under the Telekom and T-Systems brands. The North Macedonia segment is responsible for the Group’s full-scale mobile and fixed line telecommunications operations in North Macedonia.
TV revenues were up 7.5% year-on-year to HUF 14.0 billion in Q2 2021, primarily driven by the further strong expansion of the IPTV subscriber base in both countries of operation.
Summary of key operating statistics
2020 2021 ------------------------------------------ -------------------- Q1 Q2 Q3 Q4 Q1 Q2 --------- --------- --------- --------- --------- --------- MT HUNGARY TV services Number of cable TV customers 103,081 103,643 103,795 100,574 99,299 99,367 Number of satellite TV customers 231,912 225,856 218,122 212,004 204,277 198,985 Number of IPTV customers 844,401 861,794 893,564 925,684 952,585 969,573 --------- --------- --------- --------- --------- --------- Total TV customers 1,179,394 1,191,293 1,215,481 1,238,262 1,256,161 1,267,925 Blended TV ARPU (HUF) 3,274 3,292 3,288 3,296 3,323 3,338 NORTH MACEDONIA Number of IPTV customers 137,368 138,034 140,137 142,495 143,328 144,499
Links: Magyar Telekom
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