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IPTV boosts KPN’s performance

April 30, 2015 10.57 Europe/London By Chris Dziadul

KPN flagsKPN gained an additional 77,000 IPTV subscribers in the first quarter, while its broadband customer total grew by 35,000.

As of the end of March, the Dutch incumbent had a total of 2,130,000 million TV subscribers, up from 2,079,000 three months earlier.

Of these, 1,676,000 were IPTV – copper and FTTH (1,599,000) and 454,000 (480,000) other technologies. TV copper ARPU was €15, which was unchanged on the previous quarter.

Meanwhile, KPN’s triple-play base grew by 86,000 in the first quarter. This was equivalent to a 52% penetration figure of the broadband customer base, up from 46% three months earlier.

KPN’s adjusted revenues in Q1 amounted to €1,919 million, down 3.5% on the same period last year.

Adjusted EBITDA was up 0.2% to €622 million, while net profit rose from €3 million in Q1 2014 to €15 million in the first quarter of 2015.

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Filed Under: Newsline Tagged With: KPN, Netherlands Edited: 4 May 2015 11:57

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