Magyar Telekom announces 2008 full year results
Tuesday, February 24th, 2009Magyar Telekom (NYSE: MTA)(Budapest: MTELEKOM) today reported its consolidated financial results for 2008, in accordance with International Financial Reporting Standards (IFRS).
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Demand for the new satellite TV product (launched in the fourth quarter) was very strong, the number of customers reached 5,000 by the end of the year with additional 13,000 orders received.
IPTV customers:
March 31 June 30 Sept 30 Dec 31 March 31 June 30 Sept 30 Dec 31 2007 2007 2007 2007 2008 2008 2008 2008 -------- -------- -------- -------- -------- -------- -------- -------- Hungary 1,133 2,069 3,657 9,225 12,883 15,569 18,580 28,496 Montenegro 0 0 0 2,397 9,023 11,087 12,521 17,531
More: Earnings Release
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