Astro announces Quarterly Financial Results Q3 FY2009

The Board of Directors of Malaysia’s ASTRO All Asia Networks plc (Kuala Lumpur:ASTRO) has announced its unaudited consolidated results for the third quarter ended 31 October 2008.

ASTRO TV – Malaysian Multi channel TV (MC-TV)

MC-TV revenue increased by RM271.1m or 15.9% to RM1,971.8m which was driven by customer growth and improved ARPU.

Residential customers net additions was 293,000 in the current period. Total residential customer was 2.565m as at 31 October 2008 compared with 2.203m in the same time last year.

MAT churn was relatively stable at 9.8% compared to 9.9% in corresponding period last year.

Subscribers (thousands):

                   3QFY08 4QFY08 1QFY09 2QFY09 3QFY09
                   ------ ------ ------ ------ ------
Total additions       127    130    142    160    164
Churn                  33     61     46     59     67
                   ------ ------ ------ ------ ------
  Net additions        94     69     96    101     96
  Total             2,203  2,272  2,368  2,469  2,565

Sun Direct TV

Our direct-to-home TV joint-venture business in India, Sun Direct TV, continued to sustain its growth, having achieved a subscriber base in excess of 1.8 million, significantly ahead of plan.

More: Earnings Release