Telenet continues to feel the impact of competing platforms, but the rate of decline was only 4,100 homes during the third quarter to 2,059,700 at September 30, 2015.
As of September 30, 2015, Telenet served 2,180,000 customer relationships, which represented approximately 74% of the 2,930,800 homes passed
At the end of September Telenet served 1,703,500 enhanced video customers as the operator added 9,600 net subscribers in Q3. Approximately 83% of video customers subscribed to the enhanced video services compared to around 80% at September 30, 2014.
Approximately 24% of the enhanced video subscribers were actively using the Yelo Play TV Everywhere app. Subscription VOD packages Play and Play More had 244,700 customers, up 11% compared to Q2 2015 and driven in part by temporary promotions.
“In September 2005, Telenet was the first to launch digital TV in the Flemish market and now – ten years later – around 83% of our video customers have upgraded to our enhanced video services so they can access a greater number of channels and additional premium entertainment services, including our OTT service Yelo Play, our subscription VOD services Play and Play More and Play Sports, our recently revamped sports offer,” said John Porter, Telenet’s CEO.
“I’m very excited about the recent re-launch of Play Sports, with the number of subscribers up 5% sequentially, as our offer now includes an unparalleled array of different sports and a unique TV everywhere/anytime experience thanks to our Play Sports app.”
