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Unitymedia revenues grow, reports net profit for Q1

Monday 8 May 2017 | 09:44 CET | News
Update: 8 May 2017 | 10:48 CET
Liberty Global subsidiary and German cable network operator Unitymedia reports revenues of EUR 588.3 million for the first quarter, growing by 5.9 percent year-on-year. The growth was primarily driven by higher cable subscription revenue as a result of increases in subscribers & higher ARPU per RGU and higher low-margin handset revenue. At the same time, the adjusted EBITDA increased by 6 percent to EUR 364.3 million due to the revenue growth and lower network related costs off-setting higher staff related costs, higher direct costs, largely due to increased mobile handset sales and higher

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[08/05/2017 10:43- Update: Information about broadband, mobile RGUs added]
[08/05/2017 10:48- Update: Added information about business revenues]


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