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Bundled services grow in Portugal

September 10, 2021 11.36 Europe/London By Chris Dziadul

There was a total of 4.3 million registered subscribers to bundled services in Portugal at the end of the first half of this year.

According to the regulator ANACOM, this was 161,000 (3.9%) more than in the same period in 2020. The biggest growth was seen in 4/5P offers (+114,000), and to a lesser extent 3P (+55,000).

ANACOM notes that 4/5P offers were the most used with 2.2 million subscribers, or 50.8% of the total, followed by 3P with 1.7 million (39.5%). Revenues from bundled services in H1 amounted to around €888 million, up 3.5% on a year earlier.

Revenues from 4/5P offers represent 63.1% of the total. ARPU was €34.58, excluding VAT (-0.7% compared to the same period of the previous year). Average monthly revenue was €43.20 for 4/5P offers (-1.9%) and €27.65 for 3P offers (+1.0%).

Meo was the provider with the largest share of subscribers to bundled services (40.8%), followed by Grupo Nos (36.2%), Vodafone (19.6%) and Nowo (3.4%). Compared to the same period last year, Vodafone and Meo increased their share of subscribers, by 0.8 and 0.3 pp respectively, while Grupo Nos and Nowo’s shares decreased by 0.8 and 0.3 pp respectively.

Meo had the highest share of revenues from bundled services (41.1%), followed by Grupo Nos (40.0%), Vodafone (16.8%) and Nowo (2.1%). Compared to the same period last year, Vodafone and Meo increased their share of revenues by 1.3 and 0.5 pp respectively, while Grupo Nos and Nowo decreased (respectively -1.3 and -0.5 pp).

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Filed Under: Newsline Tagged With: Anacom, Portugal Edited: 10 September 2021 11:36

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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