Viasat Broadcasting Sees Slow Subscriber Growth

Modern Times Group reported slow subscriber growth for its direct-to-home operations in Scandinavia, as subsidiary Viasat Broadcasting ended June with 709,000 subscribers, up just 1,000 compared to the end of March, Modern Times reported July 24. For the year, Viasat added 57,000 new subscribers.

Viasat also posted an increase in its broadband operations, closing the year with 37,000 subscribers, nearly double its total of a year ago. Subscribers to Viasat’s personal video recorder also doubled during the year, reaching 174,000 at the end of June.