PCCW adds 32,000 now TV customers in 1H 2014

Wednesday, August 6th, 2014
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HONG KONG — The directors of PCCW Limited (SEHK:0008) are pleased to announce the unaudited consolidated results of PCCW and its subsidiaries for the six months ended June 30, 2014.

The total installed now TV subscriber base reached 1,269,000 by the end of June 2014 representing a net gain of 65,000 subscribers or an increase of 5% from 12 months ago. More importantly, now TV’s exit average revenue per user (“ARPU”) continued to increase, rising 10% year-on-year from HK$174 to HK$191 per month.

now TV installed based (000s)

        2009          2010          2011          2012          2013   2014
------------  ------------  ------------  ------------  ------------  -----
   H1     H2     H1     H2     H1     H2     H1     H2     H1     H2     H1
-----  -----  -----  -----  -----  -----  -----  -----  -----  -----  -----
  992  1,001  1,028  1,039  1,088  1,140  1,165  1,183  1,204  1,237  1,269