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Telenet sees best Q3 for two years

October 31, 2019 11.14 Europe/London By Julian Clover

Telenet’s fixed-mobile bundles helped the Belgian cablenet to its best third quarter since 2017.

WIGO and YUGO added 40,400 subscriptions, an increase of 4% on Q2, despite the seasonality of the market.

Its led the Liberty Global-unit to revise its financial forecasts to a decrease of around 2% versus around 2.5% initially.

Amid softness in fixed line telephony, Telenet has seen its FMC (Fixed Mobile Convergence) subscriber base increase to 508,000 at the end of the third quarter.

Telenet has increased its multi-play subscribers including an increase in higher-tier broadband customers. It’s added 4% to its ARPU growth for the first nine months of the year.

Revenues for the first nine months came in at €1,910.6 million, up 1% year-on-year.

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Filed Under: Cable, Finance, Newsline, Platforms Tagged With: Telenet Edited: 31 October 2019 11:14

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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