Kabel Deutschland reports TV gains

kabel deutschland

Vodafone-owned Kabel Deutschland added 38,000 premium TV customers quarter-over-quarter in fiscal Q2, taking its total pay TV and DVR subscriber base to 2.60 million.

Announcing its results for the second quarter and six months ended September 30, the operator said that the number of premium TV revenue generating units increased by 7.3% year-on-year from 2.43 million in the September 2014 quarter.

“HD Private increased to 2,188 thousand activated smartcards (versus 1,902 thousand one year earlier),” said Kabel Deutschland.

The firm said that ARPU (average revenue per user) was up €0.18 year-on-year due to “the continued upsell of premium TV.” Total blended TV ARPU [average revenue per user] per subscriber improved to €11.23, which Kabel Deutschland attributed to “better product mix and growing premium TV penetration.”

TV revenue for the quarter was up 0.1% year-on-year to €294m, while revenue for Kabel Deutschland’s internet and phone business grew by 17.6% to €242 million.

Overall revenue for the company was up 7.3% year-over-year to €536 million. The company posted a net profit of €81 million compared to a net profit of €67 million in the second quarter of last year.