At the end of Q1 2016, Telenet served 2,163,800 unique customers with 4,852,600 RGUs across its footprint of 2,953,500 homes passed in Flanders and parts of Brussels.
The RGU base consisted of 2,041,100 video, 1,577,300 broadband internet and 1,234,200 fixed-line telephony subscriptions.
In addition, approximately 84% of all video subscribers had upgraded to an enhanced video platform at March 31, 2016.
As compared to March 31, 2015, Telenet increased its total RGU base by 2%, or 72,200 RGUs, to a total of 4,852,600 (excluding mobile telephony).
Relative to December 31, 2015, subscribers to total basic and enhanced video services decreased by 13,700 to 2,041,100 at March 31, 2016. Compared to recent quarters, net organic loss rate in Q1 2016 increased as the churn rate was adversely affected by the impact from the February 2016 price adjustments and the intensely competitive environment.
At March 31, 2016, approximately 84% of Telenet’s video customers subscribed to the enhanced video services. This translated into 1,718,800 enhanced video customers at March 31, 2016, as the operator added 4,600 net subscribers in Q1 2016. At March 31, 2016, approximately 26% of enhanced video subscribers were actively using the Yelo Play TV Everywhere app. The subscription VOD packages Play and Play More had 315,000 customers, up 80% compared to the prior year period and driven in part by temporary promotions and seasonality.
For the first three months of 2016, video revenue amounted to €141.2 million compared to €137.3 million for the prior year period.
