Unitymedia posts record broadband and telephony additions

29 Jan 2009

German cableco Unitymedia has reported its highest ever broadband and telephony quarterly net additions. Its new services subscriptions, which include internet, telephony and digital television, were up 66% year-on-year to 1.6 million at the end of 2008. The company’s largest growth was seen in the broadband sector, where the number of subscribers increased by 111,000, or 103%, in the fourth quarter to 630,000. Unitymedia’s digital television customers increased by 37,000 during the fourth quarter to 363,000, driven by the digitalisation of the basic cable subscriber base, and the introduction of ‘enhanced pay TV packages.’ Its telephony subscriptions also grew by 55,000 to 363,000 in the same time period, however, as expected the cableco’s basic cable subscriber base fell by 36,000 in the fourth quarter to 4.62 million, due to an increase in prices. CEO of Unitymedia, Parm Sandhu, said, ‘We are successfully delivering on our strategy of migrating our large basic cable subscriber base to higher value Unity3play services. Across the board, increases in internet, telephony and digital TV subscriptions reflect the increasing strength of the Unitymedia brand.’

Germany, Unitymedia