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Proximus grows IPTV customer base to 35.6% share

July 29, 2016 07.50 Europe/London By Robert Briel

Proximus_Swipebox_UsersBelgian telecom operator Proximus (formerly Belgacom) has added 21,000 TV subscriptions during Q2, bringing the total to 1,816,000.

However, the total number of TV subscriptions includes double STB homes, which account for 357,000 homes – meaning that the total of unique TV customers is 1,458,000. Promimus said it now has a 35.6% marketshare for Digital TV

Revenue from TV totaled EUR88 million for the second quarter of 2016, up 7.6% from the same period of 2015. Consumer’s TV revenue continued to do well, driven by the continued subscriber growth, with both the Proximus and Scarlet brands increasing their customer base.

Consumer ended June 2016 with a total TV customer base of 1,816,00014, up by 123,000 customers or +7.3% from the previous year. In the second quarter of 2016, a total of 21,000 TV subscribers were added, of which 18,000 were unique customers, i.e. fairly in line with the same period of 2015 when adjusting for the 6,000 migrated Snow customers (acquired from KPN) at that time.

The recurring TV ARPU was slightly up year-on-year at EUR 20.2 (+0.4%). Over the first six months of 2016, the revenue from TV totaled EUR 174 million, or 9% higher than the previous year.

“In spite of a changing competitive environment, we continued to grow our customer base, increased our market shares for internet and TV, and improved our customer mix by shifting towards higher value 3-and 4-Play offers,” commented Dominique Leroy, CEO of Proximus Group.

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Filed Under: Newsline Edited: 29 July 2016 08:18

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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