Ziggo Q4 net soars to EUR 70 mln as sales lift 1.4%

Thursday 24 January 2013 | 09:29 CET | News
Dutch cable operator Ziggo reported fourth-quarter revenues up 1.4 percent year-on-year to EUR 383.2 million, as the sequential increase in gross subscriber adds more than offset higher churn and the decline in telephony usage revenue. Adjusted EBITDA lifted 2.7 percent to EUR 218 million, while the net profit soared to EUR 70.4 million from 10.9 million the year earlier. The number of All-in-1 bundle subscribers rose by 24,000 in Q4 (+1.8% from Q3), with penetration reaching 50.3 percent. The number of internet subscribers lifted by 21,000 (+1.2% from Q3). Telephony usage revenues fell 9

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Categories: Fixed
Companies: Ziggo
Countries: Netherlands
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