NEWS RELEASE

Continued Investment Drives 5.5% Top-line Cable Growth, Adds Customers

Tipping point in Digital switchover helps drive European revenues to €20.6bn YE2012 as cable now counts 27mn high speed broadband users, 30.5mn Digital TV subscribers

(London, 5 March) Meeting today at Cable Congress 2013 in London, Cable Europe, the association bringing together Europe’s leading cable companies, is announcing fresh data from IHS Screen Digest that shows 5.5% top-line revenue growth across Europe, representing nearly €1bn in new revenues for 2012. The upward trend is explained by a shift towards digital for customers increasingly relying on the high speed fibre-rich broadband connections for which cable is known as well as the trend of increasingly accessing video content over cable’s high performance telecom networks.

“What we’re seeing this year is continued growth on the revenue side which gives us almost a billion reasons to be encouraged, but the really interesting story is why,” commented Cable Europe President, Manuel Kohnstamm. “In a market where you hear a lot about the over-the-top threat, the data shows that cable is embracing the power of the platform to deliver content how and when people want it. Stay close to the consumer, look at investment as a means to innovate and grow – this thinking is helping us find our stride as a viable competitor to connect Europe. The 8.4% growth in broadband subscribers also tells us a lot about Europe’s bright, connected future.”

Key YE2012 figures from new IHS Screen Digest analysis include:

  • Revenues for cable’s grew 5.5% to €20.6bn, nearly a €1bn increase in total cable revenues
  • Triple-play growth across different categories of services:

o Digital TV +12% revenue growth
o Internet +6.5% revenue growth
o Cable telephony +5.3% revenue growth

  • Video on Demand revenue jumped by 24%
  • European broadband subscribers jumped from 25 mn in 2011 to over 27 mn in 2012 – that is 8.4% growth towards what EU leaders call the Digital Agenda
  • Digital TV subscribers rose 9.2% to 30.5mn (28mn in 2011)

“Cable’s fast broadband combined with more sophisticated in-home networks and whole-home entertainment device strategies are reaching mass market as the TV landscape is evolving,” said Cable Europe’s Executive Chairman, Matthias Kurth. “The growth we’re seeing is based on knowing consumer habits and investing a step ahead of their needs. Providing a high quality service, recognizing shifts in their viewing habits and continually upgrading our networks – this is how cable is helping to future-proof Europe. Cable’s digital success is explained by the link between investment and innovation, our very own Digital Agenda.”

“Telecom services,” or the combination of fast internet and in-home WiFi networks, are becoming a core business as customers shift away from traditional TV viewing. More and more consumers are getting their content over cable’s high performance networks via digital means. In terms of Next Generation TV, cable is already well positioned and this trend is being chased by many in the highly competitive European market.

###

For more information, please contact:
Gregg Svingen
Cable Europe
Director of Communications
M: +32 476 490 603
E: gregg.svingen@cable-europe.eu

Jessica Fernandez Cable Europe
Communications & Office Manager
T: +32 2 556 2104 E: jessica.fernandez@cable-europe.eu

About Cable Europe
Cable Europe is a trade association that groups all leading broadband cable TV operators and their national associations throughout Europe. The aim of Cable Europe is to promote and defend the industry’s policies and business interests at European and international levels, and to foster cooperation among its members. The European cable TV industry services more than 94 million broadband, TV and telephony subscriptions throughout the EU 27 (around 70 million households). www.cable-europe.eu

About IHS Screen Digest
IHS Screen Digest is the pre-eminent firm of industry analysts covering global media markets. Headquartered in London, with offices in New York and Monterey, California, we employ a team of 40 specialist analysts covering film, television, broadband, mobile, cinema, home entertainment and gaming. Our online services and reports provide the information and analysis that hundreds of media companies worldwide base their decisions on. www.screendigest.com

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