24-07-2008

Elion cable subscribers up 58%

By FNE Staff
    Eesti Telekom's Elion announced IPTV and cable TV subscribers rose by 58%, to 67,700 at the end of the second quarter of 2008.
    According to ipTVnews, video rentals also rose by 201% during the same period. The increases were attrributed to an agressive marketing campaign by Elion. Sales revenues fell by 1% to €101.1 million, and net profits were down 9%, to €6.482 million.