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Portuguese favour large bundled services

December 13, 2022 11.31 Europe/London By Chris Dziadul

The number of subscribers opting for bundled services in Portugal stood at 4.5 million as of the end of the third quarter.

This, according to figures published by the regulator ANACOM, was 155,000, or 3.6%, more than a year earlier, with growth being driven solely by 4/5P offers (+171,000, or 7.7%).

ANACOM notes that 4/5P offers were the most used, with 2.4 million subscribers (53.1% of the total number to bundled offers), followed by 3P offers, with 1.7 million subscribers (37.7%). The percentage growth of 4/5P offers (+7.7%) was the highest since the end of 2019, while 3P offers registered a decrease (-0.7%), as opposed to the growth registered between 2019 and 2021.
Single play or 1P, which are characterised by not being sold in bundles, accounted for 71.6% of mobile accesses and 15.6% of fixed accesses.

Of the total number of fixed and mobile accesses, the majority (56.3%) consisted of single play mobile accesses, followed by mobile accesses as part of a package (22.3%), fixed accesses as part of a package (18.1 %) and, lastly, fixed single play accesses (3.3%).

Between January and September this year, revenues from bundled services were around €1,393 million (50.4% of total retail revenues), having up 4.1% compared to the same period last year (the highest growth seen since the end of 2020).

Revenues from 4/5P offers represented 65% of total bundled revenues or 32.7% of total retail revenues. ARPU per package subscriber was €34.76 (excluding VAT), 0.6% more than in the same quarter of the previous year. ARPU was €43.16 in the case of 4/5P offers (+0.1%) and €27.51 in the case of 3P offers (-0.6%).

At the end of the Q3, Meo was the provider with the highest share of subscribers to bundled services (41.1%), followed by Grupo Nos (35.6%), Vodafone (20.3 %) and Nowo (3.0%).

Compared to the same quarter last year, Vodafone and Meo increased their share of subscribers (+0.5pp. and +0.3pp respectively), while the shares of Grupo Nos (-0.4pp) and Nowo (- 0.3pp) decreased. By type of offer, Meo had the highest share of subscribers in all types of offer: 2P (44.9%), 3P (39.1%) and 4/5P (41.8%).

Meo also had the highest share of revenue from bundled services (41.2%), followed by Grupo Nos (40.1%), Vodafone (16.8%) and Nowo (1.8%). Compared to the same period last year, Meo and Grupo Nos increased their revenue shares (both 0.1pp), while Nowo (-0.2pp) and Vodafone (-0.1pp) saw theirs fall.

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Filed Under: Newsline Tagged With: Anacom, Portugal Edited: 13 December 2022 11:31

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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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