Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Western Europe leads Liberty recovery at General Satellite News forum; Published: 07.34 Europe/London, May 5, 2011 2011 has begun in very much the same way that last year ended for ...

LinkBack Thread Tools Display Modes
Western Europe leads Liberty recovery
Bacteria's Avatar
Posts: 96,016

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 90596
Experience: 68%

Thanks: 1,107
Thanked 5,577 Times in 1,419 Posts
Join Date: Oct 2006
Age: 35
Western Europe leads Liberty recovery - 05-May-2011, 13:40

Published: 07.34 Europe/London, May 5, 2011

2011 has begun in very much the same way that last year ended for Liberty Global, solidly and with some markets in Western Europe performing exceptionally well. It was particularly notable in terms of subscriber growth, with the region, led by Germanys Unitymedia, contributing most strongly to an increase of over 250,000.

Western Europe also saw 5% year-on-year rebased revenue growth in the first quarter, with Libertys Irish, German and Dutch operations the star performers with rates of 12%, 8% and 6% respectively. Revenue growth in Central and Eastern Europe amounted to 2% over the same period.

Looking specifically at subscriber numbers in the European sector, Germany led the way with 55,700 digital cable additions in the first quarter, followed by Poland with 37,400.

The growth in Libertys DTH operations in the CEE region following last years switch to one degree West continued, with Romania and Hungary adding 8,400 and 8,900 subscribers respectively in the quarter. Slovakia added a much smaller 2,700, while UPC Direct in the Czech Republic lost 4,500.

Liberty notes that UPC Europe accounted for 71,000, or 56% of its consolidated RGU additions, in Q1 2011, with its Dutch, Irish and Swiss operations gaining 34,000, 26,000 and 8,000 respectively. Its Irish operation, benefiting from Fiber Power, posted record subscriber growth in the quarter.

Digital cable penetration meanwhile continued to grow and reached 49% for UPC Holding, up from 39% a year earlier, and 46% of its digital cable subscribers had opted for HD or DVR functionality or both as of the end of Q1 2011.

Revenues in the UPC Broadband Division (excluding Telenet) amounted to $1,161.5 million (782.5 million) in the first quarter, or 17.1% more than a year earlier, while in Central and Eastern Europe they rose by 2.3% year-on-year to $265.1 million.

Operating cash flow rose by 22.5% to $646.8 million in Western Europe but fell by 4.9% to $127.3 million in Central and Eastern Europe.

Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.