Ziggo Q2: growth recovers thanks to continued investment

Monday 21 July 2014 | 12:10 CET | Author: Tim Poulus | Background
Ziggo reported second-quarter revenues up 3.4 percent to EUR 405 million. Excluding the acquisition of Espirt and equipment sales, growth was 4.5 percent. This was driven by price increases from April, new telephony rates and growth on the mobile and enterprise markets. Consumer ARPU improved 6.6 percent to EUR 44.74, driving the acceleration in top-line growth. This was the cable operator's strongest growth in seven quarters. The company is profiting from innovation (mobile, TV everywhere), growth in the business segment (in part due to takeovers) and network investments (the DSL market is

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Categories: General
Companies: Liberty Global / Ziggo / Ziggo Mobiel
Countries: Netherlands
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