Telenet is to extend its cable presence in Brussels, a part of Wallonia and parts of the Grand Duchy of Luxembourg through the acquisition of SFR BeLux.
Belgian cable operator Telenet said in its Q3 earnings report that it anticipates further churn of its total number of video subscribers.
Despite Liberty Global’s announcement of a global deal with Netflix, Belgian Telenet customers might be left in the cold.
The number of subscribers to Telenet’s total basic and enhanced video services decreased by 4,100 (H1 2016: 17,800) to 2,037,000 at June 30, 2016.
Telenet subscribers have become the first customers to take advantage of Liberty Global’s policy of opening up free Wi-Fi hot spots across Europe.
Telenet has agreed to pay Orange Belgium a minimum EUR 150 million to end their MVNO agreement by the end of 2018.
At the end of Q1 2016, Telenet served 2,163,800 unique customers with 4,852,600 RGUs across its footprint of 2,953,500 homes passed in Flanders and parts of Brussels.
The acquisition of Base by Telenet and the subsequent sale by Base of its 50% stake in VikingCo NV to Medialaan have taken place.
The board of directors of Telenet Group Holding NV have decided to co-opt Mrs Dana Strong as the new director of Telenet with immediate effect.
Telenet said that its triple-play subscribers are up 6% yoy to 1,094,300 at December 31, 2015, representing around 50% of its customer base.