German internet TV platform waipu.tv reached around 408,300 paying customers at the end of 2019.
This means that the number of customers grew more strongly last year (+156,500) than in 2018 (+149,500), as parent company Freenet reports its 2019 financial figures.
The original annual target of more than 350,000 paying customers had already been reached by waipu.tv in August 2019.
At the end of 2019, waipu.tv had a total of 2.28 million registered customers. At the end of 2018, this figure was just 1.26 million.
TV platform Freenet TV increased the number of revenue-generating users by around 6,900 to 1.021 million customers in the course of the year. Following the closure of its DTH satellite service on Astra (19.2° East) due to insufficient demand, the offer is now again only marketed via DVB-T2.
At the end of Q2 2020 – probably in May – Freenet plans to modestly increase the subscription price of Freenet TV, as indicated in the management presentation of the 2019 results. In addition, bundled offers of Freenet TV and waipu.tv are planned.
For waipu.tv, Freenet expects “solid growth” in 2020, while the customer figure of Freenet TV is expected to remain “stable”. However, this does not take into account the effects of the possible subscription price increase.
