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Canal Digital loses 17,000 customers in 2014

Wednesday 11 February 2015 | 16:14 CET | News
The Nordic DTH service Canal Digital lost 17,000 customers last year, for a total 912,000 at the end of 2014. Its revenues in the last quarter of the year were down 1 percent year-on-year at NOK 1.14 billion due to the smaller customer base, but adjusted EBITDA grew to NOK 181 million from NOK 151 million thanks to reduced content costs. Parent company Telenor reported stable revenues from its other broadcast operations in quarter, including satellite broadcasting and DTT operator Norkring. However, EBITDA was down at both units due to higher costs.

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