Telenet reported that 69% of its subscribers are now also buying digital TV.
The Belgian operator also said that churn is now slowing down: subscribers to total basic analogue and digital cable television services were 2,097,500 at the end of June 2013, which represented approximately 73% of homes passed by the network. This represented a net organic loss of 20,100 basic cable TV subscribers since the start of 2013, an improvement compared to last year’s net organic loss rate of 46,300.
Telenet said that 400,000 unique customers are now using the operator’s TV Everywhere service YeloTV on their mobile devices, which has doubled since the introduction of our new app four months ago.
Subscribers to the Telenet Digital TV platform grew 12% year?on?year to 1,453,200 at the end of June 30, 2013. Over the first six months of 2013, Telenet attracted 53,000 net digital TV subscribers, of which 20,100 were added in Q2 2013.
196,100 customers subscribed to Telenet’s pay television sports channels, representing an increase of 7% as compared to June 30, 2012.
Basic cable income amounted to €157.8 million in H1 2013 (Q2 2013: €78.8 million). The 2% year?on?year decrease in both H1 2013 and Q2 2013 primarily reflected a gradual decrease in the active subscriber base and the absence of a price increase for the basic cable television subscription fee in 2013.
Telenet’s premium cable television revenue grew €8.4 million, or 8%, from €111.0 million in H1 2012 to €119.4 million in H1 2013 (Q2 2013: €59.3 million).
