According to data recorded by Netgem’s Diamond platform, as of September 30, 2017 there were 1.9 million daily users. Netgem says this is a key indicator of the deployment of its customers TV offers.
The French technology company recorded profits of €5.1 million on revenues of €12.4 million in the quarter ending September 30, 2017. Revenues were comparable with 2016 with most of the decline attributable to a licensing agreement with ZTE and Totalplay in Mexico, which transformed hardware sales into software licenses.
Meanwhile, Netgem subsidiary Vitis, in which it holds a 58 per cent stake continues to grow its subscribers base as its latest fibre-to-the-home offer “La Fibre Videofutur” is now accessible to more than 400,000 homes in France rural areas.