"Our forecast for 2007 is to reach a positive result for the set of the year", said Eugenio Galdón, ONO'S president. Galdón said that it will reach this target with a growth zero of the costs without reducing the investments of the companies, which amount to approximately 400 million euros a year.

The cost clipping was also the principal engine of growth of the gross result of development EBITDA, which 21,8 % raised in 2006, to 558 million euros, thank you partly to the buy of the division of cable and telephony it fixes, Unites, acquired at the end of 2005 by approximately 2.250 million euros.

Ono said that at the end of 2006 it was provided with approximately 1,8 million residential clients, an increase of 51.000 hearths in the last trimester. 31 % of the clients was signed simultaneously to the services of phone, wide band and television, compared to 25,9 % noted down at the end of 2005. The monthly price of the "triple play" it amounts to 55 euros a month.


Payment television

In the business of the television of payment, Ono said that it noticed a strong competition, especially in the last trimester of 2006.

Between October and December, Ono registered only approximately 10.000 clear high ones and for the set of the year the increase was 67.000 new clients. At the end of December, 924.000 subscribers got the offer of television of payment for Ono's cable.

His competitors in this business - Sogecable and Phone companhy - have increased his subscribers' base in 2006 in 84.000 and in 176.000, respectively.


(Reuters, 15/03/07)