Unitymedia reports strong second quarter

21 Aug 2008

Unitymedia has reported that adjusted revenues for the second quarter of 2008 grew 14% year-on-year to EUR208.9 million (USD308.1 million), while EBITDA climbed 19.5% to EUR98.7 million. The cableco said that the results had been boosted by increasing subscriber numbers, particularly for its broadband internet service. High speed internet customers jumped from 125,000 at the end of June 2007 to 282,000 twelve months later. The company’s telephony subscriber base grew even faster, from 100,000 to 261,000.

Germany, Unitymedia