PCCW adds 54 thousand now TV subscribers in 2013

Thursday, February 27th, 2014
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Established OTT Strategy: Over 3M App Downloads with active users, offering over 48 channels with VOD and digital music service

HONG KONG — The directors (“Directors”) of PCCW Limited (SEHK: 0008) are pleased to announce the audited consolidated results of the Company and its subsidiaries for the year ended December 31, 2013.

During the year, now TV recorded a net gain of 54,000 customers with the total installed subscriber base reaching 1,237,000 by the end of December 2013, an increase of 5% from 12 months ago. now TV’s exit average revenue per user (“ARPU”) continued to increase, rising 8% from HK$173 to HK$187 per month.

now TV installed based (000s)

        2009          2010          2011          2012          2013
------------  ------------  ------------  ------------  ------------
   H1     H2     H1     H2     H1     H2     H1     H2     H1     H2
-----  -----  -----  -----  -----  -----  -----  -----  -----  -----
  992  1,001  1,028  1,039  1,088  1,140  1,165  1,183  1,204  1,237