NOS Portugal adds 2,100 pay TV subscribers in 1Q 2022

NOS has releases results for the first quarter of 2022.

Broadband services grew by 6.5 thousand to 1.492 million and fixed access pay TV continued to grow with 9 thousand net adds in 1Q22 more than offsetting the decline in lower revenue legacy DTH services.

Operating Indicators – Pay TV (‘000)

                  1Q20     2Q20     3Q20     4Q20     1Q21     2Q21     3Q21     4Q21     1Q22
               -------  -------  -------  -------  -------  -------  -------  -------  -------
Aggregate Indicators
Fixed Access*  1,347.8  1,351.2  1,360.2  1,361.4  1,362.4  1,369.4  1,381.6  1,392.8  1,401.8
DTH              283.7    283.4    282.2    279.7    275.7    268.7    260.6    252.8    246.0

Net Adds                                    
Fixed Access*      3.1      3.4      9.0      1.2      1.0      7.0     12.1     11.3      9.0
DTH                1.1    (0.2)    (1.2)    (2.6)    (4.0)    (7.0)    (8.1)    (7.8)    (6.9)

* Fixed Access Subscribers include customers served by the HFC, FTTH and ULL networks and indirect access customers.