Telenet has enjoyed a 24% increase in the number of subscribers taking its advanced service of digital TV, broadband internet and fixed line telephony.
Liberty Global’s Belgian arm said the increase represented a “solid achievement” give the current economic backdrop and the intensely competitive environment.
Telenet has been pressure on its subscribers to make the move to digital by partially reducing the amount of bandwidth allocated to analogue services. This has resulted in the strongest sales quarter since the winter of 2008.
35,600 net new triple-play subscribers were added in H1 2012, of which 12,900 were added in Q2 2012. As of June 30, 2012, the total number of triple-play subscribers reached 818,700, up 9% as compared to June 30, 2011.
Excluding mobile RGUs there were 2,152,200 subscribers receiving a total of 4,411,600 services, a 2% increase on the prior year.
Basic cable TV subscribers, including both our analogue and digital services, totaled 2,152,200, as of June 30, 2012, as compared to 2,198,500 at the end of December 2011.
Revenue of €727 million was up 9% year on year.
Liberty Global will publish its first-half financials after market close on August 2.
About Julian Clover
