Jupiter Telecommunications Third Quarter 2008 Results
Wednesday, October 29th, 2008
Jupiter Telecommunications (JASDAQ: 4817) total revenue increased by ¥23,248 million, or 12% from ¥194,403 million for the nine months ended September 30, 2007 to ¥217,651 million for the nine months ended September 30, 2008. Cable television subscription fees increased by ¥7,686 million, or 8%, from ¥91,579 million for the nine months ended September 30, 2007 to ¥99,265 million for the nine months ended September 30, 2008.
The total number of subscribing households (the number of households that subscribe to one or more services) of consolidated managed system operators as of September 30, 2008 rose to 2,903,300 households, an increase of 288,000 households (or 11%) from September 30, 2007. By type of service, cable television subscribers grew by 187,100 households (or 9%) from September 30, 2007 to 2,346,800 households as of September 30, 2008. Of this total, the number of digital subscribers rose by 402,200 households (or 29%) from September 30, 2007 to 1,767,600 households as of September 30, 2008, accounting for 75% of all cable television subscribers.
End-Sept 2007 End-Sept 2008 ------------- ------------- Cable TV RGUs (1,000s) 2,160 2,347 -- Digital 1,365 1,768 Sept 06 Sept 07 Sept 08 ------- ------- ------- "HDR" STB with Hard Disk Drive 59,700 216,900 353,800
With less than three years remaining in the countdown to the complete changeover to terrestrial digital broadcasting in July 2011, the J:COM Group recognizes that its response will play an increasingly important role in the future. For this reason, the J:COM Group established the Digital Project Promotion Office in October 2008, to serve as its central coordinating body, and has launched the Digital Project. Through these means, the J:COM Group will actively promote the smooth migration to terrestrial digital broadcasting and endeavor to further increase the number of households utilizing its cable television services.
More: Earnings Release
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