Cablecom: More revenue in the second quarter
Cablecom's revenue grew by 6.8 percent in the second quarter. The strongest growth was achieved in digital television, where the cable network operator gained 21,600 new customers.
Cablecom's revenue grew by 6.8 percent in the second quarter. The strongest growth was achieved in digital television, where the cable network operator gained 21,600 new customers, according to the quarterly report of Cablecom owner Liberty Global. At the end of June, the company had 321,300 digital TV customers. However, the influx in digital television was no longer as strong as before. Cablecom recorded 47,000 new customers in the first quarter. The initial euphoria has died down somewhat, said spokesman Hans-Peter Nehmer on request. In addition, competition with Swisscom's Bluewin TV has become fiercer and demand for high-definition television (HDTV) has increased significantly. Almost 40 percent of all new orders for digital television in the past quarter were for HDTV receivers. According to Nehmer, this is thanks to the European Football Championship.
Due to the switch to digital TV, the number of analog television customers fell by 17,300 to 1.24 million. This means that the television business, Cablecom's main source of revenue, increased by 4,300 customers in the second quarter.
The company gained 11,900 new Internet subscribers (+3.8%). In telephony, 11,500 new customers were added (+3.8%).
Due to the switch to digital TV, the number of analog television customers fell by 17,300 to 1.24 million. This means that the television business, Cablecom's main source of revenue, increased by 4,300 customers in the second quarter.
The company gained 11,900 new Internet subscribers (+3.8%). In telephony, 11,500 new customers were added (+3.8%).
