Revenues from bundled services in Portugal amounted to around €1.7 billion in 2020.
This, according to data published by the regulator ANACOM, was 5% more than in the previous year.
Revenues from quadruple and quintuple (4/5P) offers accounted for 63.1% of the total, and at the end of 2020 ARPU per package subscriber was €34.69 excluding VAT, or 0.4% more than the previous year, when it grew by 0.2%. ARPU was €43.79 in the case of 4/5P offers was €43.79 (-3.4%) and €27.34 for triple-play (3P) offers (+4.2%).
As of the end of 2020 there were around 4.2 million package subscribers (+181,000, or +4.4% more than a year earlier).
4/5P grew by 112,000 and 3P by 85,000. The 4/5 offers were the most used (2.1 million subscribers), exceeding the 50% barrier of total subscribers in Q2 2020 (50.3% at the end of 2020), followed by 3P, with 1.7 million subscribers (40.1%). The growth in the number of package subscribers has been slowing since 2015 and reached its smallest totals in 2018 (3.9%) and 2020 (4.4%).
At the end of 2020, Meo was the provider with the largest share of subscribers to bundled services (40.5%), followed by Grupo Nos (36.5%), Vodafone (19.3%) and Grupo Nowo/ Onitelecom (3.5%). Compared to the previous year, Vodafone and Meo increased their share of subscribers (+0.7 and +0.2 pp respectively) and the shares of Grupo Nos (-0.6 pp) and Grupo Nowo / Onitelecom (-0.3 pp) decreased.
Grupo Nos was the provider with the largest share of revenues from bundled services (41.0%), followed by Meo (40.7%), Vodafone (15.9%) and the Nowo / Onitelecom Group (2, 4%). Compared to the previous year, Vodafone increased its share of revenues by 1.6 pp, in contrast to the reduction seen in the Nos Group, the Nowo / Onitelecom Group and Meo (-0.8, -0.4 and -0, 3 pp respectively).