Monday, July 28, 2008

Korea Telecom adds 139K IPTV Subscribers in 2Q08

Korea Telecom had 706,856 MegaTV IPTV subscribers at the end of 2Q08, an increase of 138, 618 during the quarter. Its MegaTV IPTV revenue was $9.6 million U.S., up from $5 million U.S. in 1Q08.

Korea Telecom continues to add IPTV subscribers to its MegaTV service at a good clip. It looks like it is generating about $5 per month per subscriber in revenue.

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