Monday, March 2, 2015

TV drives Slovak Telekom growth

Slovak Telekom ended 2014 with 468,000 subscribers to its TV services, a significant increase on the 198,000 posted a year earlier.
This growth was down to the inclusion of Digi customers, which the telco acquired, along with new Magio TV offers and strong Smart Offer sales.
Slovak Telekom’s revenues in 2014 amounted to €768 million in 2014, down 5.1% on the previous year.
Adjusted BITDA was meanwhile €310 million (-8%). Digi Slovakia revenues for fiscal year 2014 were €29.6 million.
Commenting on the results, Miroslav Majoros, chairman of the board of directors and CEO of Slovak Telekom, said: “The year 2014 was challenging and successful in various business areas. In the fixed segment we increased the number of TV subscribers, as well as the number of broadband accesses, and we found momentum for fixed voice services sales too – great results achieved thanks to our Smart Offer launch and new bundles”.

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