Proximus TV subscribers down 12,000 in 1Q 2023

BRUSSELS — Proximus Group has released financial results for the first quarter of 2023.

Q1 2023 Highlights

Proximus’ Domestic segment closed the first quarter of 2023 with continued growth for its Internet base by +11,000 subscriptions, and +10,000 Mobile customers in a highly promotion driven competitive context. The success of Residential convergent offers continued, growing by +14,000 customers to a total of 1,061,000, a +5.0% year-on-year increase. Fiber offers gained further traction, with +36,000 active Residential and Business Fiber lines added, bringing the total to 288,000. Proximus managed to contain the net decrease of the TV subscriptions to -12,000 in the first quarter. The Fixed Voice line base further eroded by -51,000 lines.

TV subscribers (‘000):

          Q1'21  Q2'21  Q3'21  Q4'21  Q1'22  Q2'22  Q3'22  Q4'22  Q1'23
          -----  -----  -----  -----  -----  -----  -----  -----  -----
Total     1,690  1,702  1,707  1,721  1,732  1,731  1,718  1,710  1,697
Net Adds     13     12      5     14     11     -1    -13     -9    -12