The Russian incumbent Rostelecom ended the third quarter with 10.3 million TV subscribers, or 2% more than a year earlier.

Of these, 5.5 million (+7%) opted for IPTV services.

The company also had a total of 13.1 million internet customers, an 0.5% increase on the total in Q3 2018.

In its latest set of results, the company notes that its B2C pay-TV ARPU amounted to R248 (€3.53) in the third quarter of this year, up 3% on a year earlier.

Although IPTV ARPU was significantly higher at R311, it was only 0.3% more than in Q3 2018.

Rostelecom as a whole had revenues of R83,727 million (+5%) in Q3. Its OIBDA was R27,896 million (+2%) and net income R6,412 million (+12%).

In his comments on the results, Rostelecom’s president Mikhail Oseevskiy said: “We delivered robust topline and operational growth in the third quarter of 2019. Our digital segment grew by 13% and is closing in on an almost 60% contribution to group revenue. Total revenue across the Group grew by 5%, in-line with our strategic objective. Smart City projects, cloud services, data centres and cyber security contributed significantly to this strong performance, adding to our core business streams of broadband and pay-TV. The contribution from these new services is becoming more tangible and visible and provides solid evidence of the company’s steady digital transformation