Portugal Telecom’s Meo IPTV service ended the second quarter with 702,000 subscribers, 2,000 more than the company had announced at the beginning of the month, and equivalent to 75.3% of the telco’s ADSL customer base.
Portuguese IPTV platform MEO has launched its MEO Séries VOD service, which will offer TV series from Warner and HBO.
Portugal Telecom’s IPTV operation Meo has unveiled Meo Interactivo, an application store that will host apps from Facebook, Oceanlook, Picasa and Flickr.
In the last week leading up to the FIFA 2010 World Cup football, broadcasters are now lining up their distribution platforms to bring a selected number of the games in 3D to their audience.
Envivio has announced the selection of its Three Screens delivery platform by Portugal Telecom to support the commercial rollout of MEO@PC, a television service for delivery to PCs.
Portugal Telecom has pointed to the success of its Meo IPTV platform as the key factor in the turnaround of its wireline business. The fourth quarter saw gross profit increase by 0.4% year-on-year, the best performance for 19 quarters.
IPTV operation Meo helped Portugal Telecom maintain its fixed line business in the first nine months of 2009. ARPU increased by 2.1% year-on-year to €30.1 as retail revenues grew in three consecutive quarters.
Eighteen months after launch Portugal Telecom’s IPTV service Meo has passed 500,000 subscribers, the operator has announced, representing 64% of the telco’s ADSL customers.
Portugal Telecom’s decision to focus its marketing on the Meo IPTV and satellite service has been rewarded with the pace of growth in the fourth quarter surpassing that seen earlier in the year.