Increasing Turnover for Forthnet

The consolidated turnover of Forthnet the second quarter of 2014 amounted to € 97,5 m., An increase over the second quarter of 2013 for the first time in nine quarters, despite the reduction in termination rates in fixed networks. 

The reduction from 01/01/14 termination charges on fixed telecommunications networks affected revenues by € 1,1 million. 

The improving trend in revenue is also evident in the retail revenue due to the commercial success of Nova 3Play. The growing subscriber base begins to improve retail revenues, with the 2nd quarter to show an increase for the second consecutive quarter, stated in the company.

Main fueling data results 

• Continued and 2o quarter increase in retail revenues 
• Increase in turnover for the first time in nine quarters. 
• Maintaining the momentum of Nova 3Play and the second quarter of 2014, posting record highs in total subscriptions in PayTV subscribers and Broadband. 
• Recorded a marginal increase in adjusted EBITDA and 

According to the CEO, Mr. Panos Papadopoulos: "One year after the launch of Nova 3Play, the company continues to be in a strong position. Our choice to differentiate with respect to competition, creating a new market for entertainment and communication, shall be reflected in our financials. Retail revenues continue to show an increase, while in the second quarter showed improvement and turnover and EBITDA. The great appeal of Service Nova 3Play continued unabated, increasing the penetration of pay-TV and broadband in the country. As a result, the customer base of the company hit a new record high, improving its market share. "

Bundled Services / 3Play 

At the end of June 2014, subscribers Nova 3Play services of Forthnet, amounted to 344,400, marking an increase of 68.4% compared with the second quarter of 2013, boosting its presence in Forthnet Greek households. In the second quarter of 2014, new subscribers Nova 3Play totaled 20,100, an increase of + 9.5%, compared with 19,100 a year earlier. 

Similarly, there was an increase in the share of subscribers Nova 3Play, in relation to the total subscriber base of Forthnet, the tendency to act supportive, both in average revenue per subscriber, and to strengthen customer loyalty. 

Telecommunication Services 

At the end of the second quarter of 2014, subscribers of telecommunications services increased by 11.7% compared to last year, and amounted to 667 800. In the overall market LLU, Q2 2014 added 26,300 lines, of which 13.0 thousand new subscribers relate Forthnet. As a result, the market share of Forthnet new LLU subscribers reached 49.5%, verifying the impact of Nova 3Play. 

Pay TV Services 

In the second quarter of 2014, the subscriber base grew 29.4% compared to last year, reaching a record high of 482,600 subscribers, despite the seasonality adversely affects the pay-TV at the end of June. The impact of service Nova 3Play continued dynamically in Q2 2014 The service deployment 3play expected to continue to be the backbone of the development of pay-TV market.