KDG posts rise in RGUs, slight fall in subscribers

30 Jul 2009

German cable operator Kabel Deutschland (KDG) has posted its revenue generating unit (RGU) figures as at 30 June 2009, reporting that total RGUs reached 11.75 million, up from 6.2% a year earlier. Of that figure, internet and telephony RGUs grew by 649,000 to reach 1.58 million at 30 June 2009 (787,000 internet, 797,200 telephony RGUs), a 69.4% increase compared to the same date a year earlier. Digital pay-TV RGUs increased by 23,000 to reach 842,000, up 2.8% year-on-year, while ‘Premium’ service RGUs (comprising digital access, pay-TV, PVRs, internet and phone) totaled 31.5% of all RGUs compared to 24.8% a year earlier. Meanwhile, KDG’s total subscribers fell to 9.07 million at end-June 2009, down from 9.16 million a year earlier. Subscribers took an average 1.3 RGUs at the end of the cableco’s first quarter of 2009, compared to 1.21 as of end-June 2008.

KDG has also announced that its 265,000km cable network has been fully digitised, a process which began in 2003 and required a total investment of EUR1 billion (USD1.4 billion). The company expects to exceed one million internet and telephony subscribers by fiscal year ended 31 March 2010. Revenues for the fiscal year are expected to grow by 5-7%, while KDG’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to total between EUR635 million-EUR645 million. The company predicts that CAPEX will amount to between EUR310 million–EUR330 million.

Germany, Kabel Deutschland