Belgacom TV has added 30,000 new subscribers to its IPTV service during the first quarter of the year.
The service now reaches 1,495,000 homes. “We continued to have good growth in our Internet and TV customer base, leading to a slightly increasing TV market share in all regions,” said Dominique Leroy, CEO of Belgacom.
The company reports firm TV revenue growth through larger TV customer base and higher ARPU. The first-quarter 2014 TV revenue grew by 8.0% to EUR 70 million, as a result of the continued subscriber growth.
In the first quarter 2014, Belgacom added 30,000 TV subscriptions (i.e. including +9,000 multiple set-top boxes), slightly increasing Belgacom’s TV market share in all regions. The company ended March 2014 with a total TV customer base of 1,495,000, of which 269,000 were multiple streams. The TV ARPU showed a 3.9% growth year-over-year to EUR 19.0 driven by the TV Everywhere product option.
“I’m proud to announce a satisfactory first quarter 2014, with a very strong commercial performance and financials in line with our expectations. The solid operational result is thanks to our focusing on Belgacom’s strength: convergent mobile and fixed services, underpinned by high-quality networks. The benefit from this convergence strategy becomes even more apparent in our new household reporting for the consumer segment: compared to one year ago, an increasing number of households have both fixed and mobile Belgacom products; the overall average revenue per household increased by 3.3%, and the number of 4-play households grew by 16%.”
