Belgacom TV adds 30,000 subscriptions in 1Q 2014

Friday, May 9th, 2014
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+30,000 Belgacom TV subscriptions, increasing the total TV customer base to 1,495,000

The Belgacom Group has reported results for the first quarter of 2014. Belgacom closed a commercially strong quarter, solidly growing its customer base for mobile postpaid, Belgacom TV and Fixed Internet.

Consumer Business Unit – CBU

The first-quarter 2014 TV revenue grew by 8.0% to EUR 70 million, as a result of the continued subscriber growth. In the first quarter 2014, Belgacom added a solid 30,000 TV subscriptions (i.e. including +9,000 multiple set-top boxes), slightly increasing Belgacom’s TV market share in all regions. CBU ended March 2014 with a total TV customer base of 1,495,000, of which 269,000 were multiple streams. The TV ARPU showed a 3.9% growth year-over-year to EUR 19.0 driven by the TV Everywhere product option.

Operationals Consumer Business Unit (CBU):

                                   Q113   Q213   Q313   Q413   Q114
                                  -----  -----  -----  -----  -----
TV (thousands)*                   1,412  1,428  1,447  1,465  1,495
 TV - households                  1,170  1,184  1,198  1,204  1,225
 of which multiple set-top boxes    242    245    249    260    269

* As of 2014, pending orders are excluded from the total TV customer base. Q4 2013 TV customer figures have been restated accordingly. There is no impact on the 2013 quarterly net adds and the 2013 ARPU’s.