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Broadband

Unitymedia revenues grow 6%, broadband subs reach 2.93 mln

Monday 11 May 2015 | 09:58 CET | News
Liberty Global subsidiary and German cable network operator Unitymedia reports revenues of EUR 538 million for the first quarter of this year, growing by 6 percent compared with Q1 2014. The adjusted EBITDA (OCF) grew by 7 percent to 334 million and the net loss grew from EUR 20.7 million to EUR 39.9 million. Unitymedia's capex grew from EUR 107 million to EUR 110 million, thus increasing its percentage of revenues from 24.5 percent to 27 percent. The increase was largely attributable to higher customer premises equipment due to record Horizon TV subscriber additions of 80 thousand, as well

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Categories: Fixed
Companies: Liberty Global / Unitymedia
Countries: Germany
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