Tricolor TV Gains 760,000 Subscribers in 2016

Tricolor TV increased the number of new connections to 760,000 in 2016, according to Broadband TV News. The company is the most popular Pay-TV operator in Russia’s and ends the year with 12.14 million subscribers, which is 340,000 more than 12 months earlier.

Nearly 70% (8.5 million) of the company’s customers subscribed to HD services, with the number growing by 28.8% in 2016.

Tricolor TV’s revenues in 2016 increased by 20% to R17.9 billion (€282.5 million), while ARPU rose by 13.7% to R1,49, in line with the firm’s plans. It expects to maintain the trends in 2017.