European cable revenues climb
March 3, 2009
Revenues in the European cable industry jumped more than 7% last year to E18.2 billion. Demand for digital television, internet broadband and telephony services grew sharply from 41 million subscriptions in 2007 to 51 million in 2008. Including the 43 million customers who watch analogue cable TV, the total number of subscriptions grew to 94 million, according to new figures published by Cable Europe.
The figures, by Screen Digest, showed that total cable industry revenues in Europe rose to E18.2 billion in 2008, compared with E16.96 billion in the previous year and more than double the E8.2 billion total recorded at the start of the decade. Cable now accounts for 58 per cent of all pay-TV homes in Europe.
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