Belgium's Proximus adds 167,000 TV subscriptions in 2015

Friday, February 26th, 2016
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TV subscriptions totaled 1,759,000 (+10.5% yoy) at year-end, with +167,000 new subscriptions added in 2015

Proximus has announced financial results for 2015. In 2015, the Proximus Group posted an underlying revenue of EUR 5,994 million, up 2.2% from the prior year.

Consumer Business Unit (CBU) TV revenue continued to do well, driven by the continued subscriber growth, with both the Proximus and Scarlet brands increasing their customer base. CBU ended 2015 with a total TV customer base of 1,759,000, up by 167,000 customers or +10.5% from the prior year. In the last quarter 2015, 44,000 TV subscribers in total were added, of which 30,000 unique customers and 14,000 multi set-top boxes. The recurring TV ARPU grew 1.3% year-on-year to EUR 20.1 driven by the increased uptake of TV options, slightly offset by the TV Replay option which has been offered for free in Packs since July 2015.

In 2015, Proximus reinvented TV thanks to the launch of the new user-friendly Proximus TV interface and app, improving consumer’s experience to watch TV on any screen, anywhere, anytime. Proximus also further enriched its entertainment offer with easy access to Netflix, an expanded sports offering and a new national agreement for Wanagogo, Studio 100’s digital offering for children.

Consumer Business Unit (CBU) Operationals

                                   Q114   Q214   Q314   Q414   Q115   Q215   Q315   Q415
                                  -----  -----  -----  -----  -----  -----  -----  -----
TV (thousands)                    1,495  1,525  1,558  1,593  1,657  1,692  1,716  1,759
 Unique Customers                 1,225  1,244  1,264  1,288  1,340  1,365  1,384  1,414
 of which multiple set-top boxes    269    281    294    304    317    327    332    345