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PT’s Meo ignores economic trends

November 8, 2012 11.51 Europe/London By Julian Clover

Portugal Telecom largely ignored the troubles of the Portuguese economy in its third quarter results.

The most recent figures show that pay-TV and broadband services are already available in 55.6% of the residential market. In the third quarter an additional 37,000 net pay-TV homes were added, while broadband accounted for a further 29,000 net additions.

Triple and double play bundles went to a further 11,000 homes.

The Meo pay-TV platform helped increase residential ARPU by 2.8% year-on-year to €31.8 in the third quarter.

Meo offers customers a package of more than 150 TV channels, including exclusive content, HD and 3D channels.

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Filed Under: Cable, Finance, Newsline Tagged With: Meo, Portugal Telecom Edited: 9 November 2012 11:19

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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