NOS Portugal adds 250 pay TV subscribers in 1Q 2024

Tuesday, May 14th, 2024 
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NOS has releases results for the first quarter of 2024.

Strong effort to provide best in class solutions aligned with strategic ambitions to offer best mobile and nationwide fixed network continues to drive operational results. At the end of 1Q24, our 5G network covered over 96% of the population and our FttH coverage increased by 170k to 76.7% of total households.

NOS Pay TV Subscribers - 1Q 2021-1Q 2024

Our performance is mirrored across all business lines, with significant growth in total RGUs to 11.069 million. The mobile segment led with 43k net additions in 1Q24, with all remaining services posting positive NAs.

In fixed, we continued to expand our customer base across all services despite already high levels of penetration in Portugal, well above 90% in both Pay TV and Broadband at the end of 2023.

Operating Indicators – Pay TV (‘000)

                   1Q23     2Q23     3Q23     4Q23     1Q24
                -------  -------  -------  -------  -------
 Fixed Access*  1,441.8  1,447.3  1,455.3  1,459.8  1,463.9
 DTH              223.7    218.4    214.3    210.2    206.3

Net Adds
 Fixed Access       7.5      5.4      8.0      4.5      4.1
 DTH              (6.2)    (5.3)    (4.0)    (4.2)    (3.9)

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

Links: NOS