During the first quarter VodafoneZiggo’s revenue declined by 1% to €963 million, primarily driven by lower mobile handset sales. The company’s total subscription and service revenue remained flat.
Consumer cable revenue decreased by 1% in Q1. The €5 million decline during the quarter was the net result of (i) a price increase implemented in July, (ii) an increase in converged discounts, (iii) a reduction in telephony and video-on-demand usage, and (iv) lower average RGUs YoY.
Internet and enhanced video RGUs declined by 1,000 and 9,000, respectively, in Q1 due to increased competition, but Q1 consumer cable ARPU increased 1% YoY to €47.
19,000 Ziggo Mediabox XL customers were added in Q1, in line with Q4 additions of 18,000. 43% of the cabler’s enhanced video base use the Ziggo Mediabox XL.
The operator also said it managed a successful soft launch of the new loud-based c4K Mediabox ‘Next’ in March.
