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DNA sees TV base decline
Finnish service provider DNA saw its TV base decline by 13% year-on-year to 293,000, while ARPU from TV fell by 7% to €6.
Q1 fixed broadband and TV revenues were flat year-on-year at €36 million.
Overall, DNA said that the overall number of fixed network subscriptions – voice, broadband and cable pay TV – increased by 2% to 877,000
Fixed broadband subscriptions were up by 14&% to 550,000, while fixed phone customers declined by 10% to 34,000.
Overall DNA’s net turnover increased by 1% to €232 million and EBITDA was up 7% to €82 million.
While the number of mobile subscriptions declined to 2.69 million from 2.694 million, the number of post-paid customer increased by 10,000.
DNA CEO Jukka Leinonensaid that Q1 performance had been impacted by “exceptional circumstances” due to the coronavirus. The net result, he said, was a pick-up in customer service volume, a slowdown in DNA Stores ’mobile device sales, and a significant increase in data volumes on DNA’s network as people moved to work and study from home.
Leinonen said that the company’s year had got off to a good start despite the crisis, with mobile sales contributing to the company’s top line, even if sales of post-paid contracts were offset to some extent by prepaid losses.