Approximately 75% of Telenet’s basic cable television subscribers had upgraded to the digital TV platform resulting in an ARPU of €50, up 5% from a year ago.
As of September 30, 2014, Telenet served 2,073,800 customer relationships, which represented approximately 71% of the 2,910,700 homes passed by the network. All of the 2,073,800 connected homes subscribed to the basic cable television services, 1,512,800 subscribed to broadband internet services and 1,133,600 subscribed to fixed telephony services.
Since the start of 2014, Telenet added 190,600 net subscribers to the advanced fixed services of digital TV, broadband internet and fixed telephony, of which 83,400 were added in Q3 2014.
Telenet served 1,565,500 digital TV customers (+7% year-on-year) as the operator added 37,200 net digital TV subscribers in Q3 2014 (9M: 74,100). At the end of Q3, 2014, approximately 75% of thr basic cable television subscribers were generating incremental ARPU on the interactive digital TV platform compared to around 70% at September 30, 2013.
The operator’s Yelo TV service had approximately 423,900 active users as of September 30, 2014. The S-VOD packages, Rex and Rio had nearly 127,300 customers as of September 30, 2014, which was up 13% sequentially.
Subscribers to the total basic analogue and digital cable television services decreased by 2,800 to 2,073,800 at September 30, 2014 compared to 2,076,600 at June 30, 2014 (9M 2014: -18,700).
“This represented a marked improvement compared to the net organic loss of 5,800 basic cable TV subscribers in Q2 2014. We believe this improvement of our net organic loss rate represents a solid achievement given the intensely competitive environment, characterised by the availability of other digital and OTT platforms in our market and increased competition from low-end offers,” the company said.
