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Canal Digital grows revenues on lower customer base

Wednesday 10 February 2016 | 13:43 CET | News
Telenor's Nordic DTH service Canal Digital ended 2015 with 897,000 customers, after a loss of 3,000 in the fourth quarter and 15,000 less over the year. Canal Digital DTH still grew revenues 3 percent year-on-year in the fourth quarter to NOK 1.17 billion, as currency effects and price increased helped offset the lower subscriber base and lower hardware sales. The EBITDA margin was 17 percent, up 1 percentage point from the same quarter of 2014, mainly driven by positive currency effects on revenues. 

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Categories: Broadcast & Satellite
Companies: Canal Digital / Telenor
Countries: Scandinavia
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