The Lithuanian incumbent Teo enjoyed its fastest growth in IPTV customers in three years in the year to September 30.
Its FTTH subscriber total also grew by a record 12.3% over the same period.
As of the end of Q3, the telco had over 200,000 Teo TV users, or 23.1% more than in the corresponding period in 2014.
Teo’s revenues in Q3 amounted to €51.1 million, up 3.3% on a year earlier, while EBITDA increased by 5.3% year-on-year to €20.1 million.
Teo also invested €20.5 million on its next generation fibre-optic network in the first nine months of this year, or 14.4% more than a year earlier.
Source: http://www.broadbandtvnews.com/2015/10/21/iptv-growth-boost-lithuanian-telco/