Ziggo outperforms UPC in first half 2009
The Netherlands' largest cable operator Ziggo has released partial results for the first half of 2009. Revenues rose 2.6 percent to EUR 630 million, and EBITDA grew 1.0 percent to EUR 343 million. In terms of subscriber numbers, digital TV stands out: up 39 percent to 1.38 million customers. Analogue subscribers were down just 1.5 percent to 3.22 million.
The figures show that growth slows as we go from the top to bottom line. The number of subscribers, and in particular digital TV, showed the strongest