15,000 subscribers for Netgem's LaBox in France

Thursday, January 16th, 2014
Netgem logo

NEUILLY-SUR-SEINE, France — For the quarter ended on 31 December 2013, Netgem announces consolidated revenues of € 23.5 million, bringing its consolidated revenue throughout 2013 to € 81.3 million, of which 77% was generated abroad.

In France, the LaBox service had reached more than 15,000 subscribers by year-end, a few months after its launch. Distribution via operators (Virgin Mobile, Citiplay and Ozone at this stage) will contribute to growth in 2014.

Abroad, the group announced the launch of an Internet television service with eircom, the main Irish telecom operator. This flexible and tightly-priced offer is marketed in “quadplay” packages (internet, fixed telephony, mobile and tv) for optical-fiber subscribers.