Kabel Deutschland posts quarterly results

27 Feb 2008

German cableco Kabel Deutschland (KDG) has reported its results for the three months ended 31 December 2007, the third quarter in the company’s fiscal year. Quarterly revenues rose by 10% year-on-year to EUR301 million (USD447 million), while EBITDA also rose 10%, to EUR115 million. The operator recorded a net loss for the quarter of EUR26.8 million, compared to a profit of EUR1.2 million in the year earlier period, but did not give a reason. Total revenue generating units (RGU) were 10.53 million at 31 December 2007, up from 10.46 million a year earlier. There was a marked rise in the number of premium digital TV, telephony and internet subscribers, as opposed to those taking only an analogue TV service, up from 1.2 million to 2.2 million year-on-year. Consequently, blended monthly average revenue per user (ARPU) rose from EUR8.39 to EUR9.62, a 14.67% increase y-o-y.

Germany, Kabel Deutschland