At March 31, 2014, Telenet served 1,509,100 digital TV customers (+5% year-on-year) as the Belgian operator added 17,700 net digital TV subscribers over the first three months of 2014.
As of March 31, 2014, approximately 72% of Telenet’s basic cable television subscribers were generating incremental ARPU on its interactive digital TV platform. The operator had 573,300 analogue-only homes, compared to 673,100 a year ago, a loss of 15%.
Telenet’s multiscreen platform Yelo TV had 419,000 users as of March 31, 2014.
The subscription VOD packages, Rex and Rio, which provide unlimited access to a selection of content for a fixed monthly charge, had nearly 103,800 customers as of March 31, 2014, which was up 55% quarter-on-quarter. 205,800 customers subscribed to the premium sports channels, representing an increase of 4% as compared to the prior year period.
Subscribers to total basic analogue and digital cable television services amounted to 2,082,400 at March 31, 2014 compared to 2,092,500 at December 31, 2013. Over the first three months of 2014, Telenet experienced a net organic loss of 10,100 basic cable TV subscribers.
Basic cable television revenue amounted to €79.9 million in Q1 2014.In Q1 2014, Telenet’s premium cable television business generated revenue of €58.0 million, representing a 3% decrease compared to the prior year period. “With the recent launch of our revamped subscription VOD packages and our increased focus to provide the best entertainment experience to our customers, we believe that our premium cable television revenue will yield higher growth rates in the future,” the company said in its quarterly report.
