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General

Ziggo loses 44,000 customers in Q3, grows in broadband

Friday 6 November 2015 | 09:28 CET | News
Dutch cable operator Ziggo reported third-quarter revenues down 3.0 percent to EUR 613 million, hurt by customer losses and the move to set-top box rentals. Operating cash flow fell 2.3 percent to EUR 349 million, leading to a 1 percent point drop in the margin compared to a year ago to 57.0 percent. Capital expenditure reduced to EUR 84 million from EUR 134 million a year earlier. Ziggo said its integration and reorganisation following the merger with UPC should be completed by the end of this year, but the company continues to face "challenging" market conditions. Along with the Q3 results,

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