Telenet announces First Nine Months 2008 results

Monday, November 3rd, 2008
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MECHELEN — Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announces its consolidated results under International Financial Reporting Standards as adopted by the European Union (“EU GAAP”) for the first nine months ended September 30, 2008.

Digital television – Subscriber base

As of September 30, 2008, we reported a total of 519,000 subscribers to our digital television service, representing a net increase of 128,000 subscribers for the first nine months of 2008. Compared to September 30, 2007, our digital TV base grew by 179,000, representing a remarkable 53% increase, and demonstrating increased success and market demand for our interactive digital TV product.

The strong progress in our subscriber additions were particularly driven by attractive set top box rental schemes introduced in March 2008. Our third quarter subscriber additions were primarily generated through rented set top boxes, and we witnessed an increasing customer preference for Personal Recording” and High Definition”enabled boxes.

In addition to digital TV, we have 20,000 subscribers to premium PayTV content received through an alternative platform on the Partner Network.

Premises serviced (in thousands):

As of and for the periods ended   Sept 2008   Sept 2007   Change %
                                  ---------   ---------   --------
Homes passed - Telenet Network        1,933       1,914         1%
Homes passed - Partner Network          829         822         1%

Television

 Telenet Network
  Analog Cable TV                     1,135      1,376        -17%
  Digital Cable TV (iDTV)               519        340         53%
 Total Cable TV                       1,654      1,716         -4%

 Partner Network
  Analog Cable TV                        20         25        -20%

 Combined Network
  Analog Cable TV                     1,155      1,400        -18%
  Digital Cable TV (iDTV)               519        340         53%

Total Cable TV                        1,674      1,740         -4%

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