Friday, August 3, 2012

LGI’s merged German unit posts 11% rise in Q2 sales

Unitymedia KabelBW, the wholly-owned German cable unit of US operator Liberty Global Inc (LGI), has reported revenue of EUR443.0 million (USD541.6 million) for the three months ended 30 June 2012, an increase of 11% over the year-ago quarter, while turnover rose 10% from EUR792.9 million in the first half of 2011 to EUR873.6 million in the same period of 2012. The rise is revenue was underpinned by strong growth in the company’s digital TV, internet and telephony services


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