ZON Multimedia turned in a strong performance in the first half, despite intense competition in the Portuguese marketplace.
The operator said that more than 20,000 cable and satellite subscribers had received its new ZON Box HD and PVR receiver launched at the end of May. Earlier this week Broadband TV News reported ZON’s exclusive carriage of RTP’s new HD channel.
The number of premium subscribers has fallen back to 820,900 from 832,600 in the first quarter, though ahead of the 775,900 in Q2 2007.
Overall the trend is edging upwards, basic subscribers reaching 1,557,000, from 1,560,500 in the first quarter. RGUs (Revenue Generating Units) grew to 1.68 from 1.49 in the first half of 2007. The rise in RGUs also contributed to a year-on-year ARPU increase of 3.7% to €31.7.
Operating revenues increased by 7/6% to €377.3 million in the first half with ABITDA putting on a 7.1% increase to €122.2 million.
