German TV growth boosts Deutsche Telekom revenues

TV delivered strong growth for Deutsche Telekom in the German market in the first quarter, delivering high revenue growth, but growth remained slow or negative throughout much of central and eastern Europe. 

Deutsche Telekom grew its German IPTV and satellite TV base by 74,000, or 3%, to reach 2.516 million subscribers in the first quarter.

Over the year, Telekom’s domestic TV base grew by 11.6%, while the international base grew by 5.1%.

In Germany, the number of broadband lines increased by 76,000 in the first three months of 2015.

TV revenues in the German market amounted to €277 million, up 10.4%, out of total fixed revenues of €2.45 billion, down 2%.

The telco’s international TV base grew by 27,000 over the same period, or 0.7%, to reach 3.741 million.

In Greece, Telekom subsidiary OTE had 367,000 satellite, cable TV and IPTV customers at the end of the period, up from 354,000 at year-end and up 32% year-on-year.

In neighbouring Romania, Telecom Romania’s TV numbers were up only 3.2% year-on-year to 1.414 million. Also in the CEE region, Hungarian unit Magyar Telekom’s TV numbers rose by 4.2% year-on-year to reach 934,000. In Croatia, TV subscribers declined by 0.5% year-on-year to end the quarter at 390,000. Slovakia saw some growth however, with TV numbers growing by 6.8% to 474,000.

In the Czech Republic, Telekom discontinued its TV service last year, leaving it with 2,000 TV customers still on its books.