German cable network operator Kabel Deutschland has announced its consolidated financial results for the fiscal year ended 31 March 2012, reporting a 6.3% increase in revenues to EUR1.699 billion (USD2.1 billion), within the lower end of its revenue growth guidance of 6.25%-6.75%. Growth was mainly driven by a 16.2% rise in ‘Internet and Phone’ revenues to EUR541.4 million, while Pay TV turnover increased 2.2% year-on-year to EUR1.158 million. Fourth-quarter revenues meanwhile rose 8.5% year-on-year to EUR442.4 million from EUR407.8 million in Q4 2010/11.
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OVETEL Kabel Deutschland posts 6.3% rise in FY 2011/12 revenue
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