Belgacom Quarterly results Q3 2008

In the Digital TV domain, Belgacom (Brussels: BELG) has increased its market share from zero to about 30% in three years. End September, no less than 85% of Belgian households can be served by Belgacom TV and more than 54% can watch in High Definition. By the end of 2008, this will be over 60% of Belgian households.

The further roll-out of VDSL2 considerably raises capacity and visibly increases the take-up of second stream. So far, Belgacom gained a total of 137,820 TV users in 2008, including 51,679 in the third quarter. This brings the total TV customer base at the end of September 2008 to 443,139 TV users, including 53,651 second stream.

The TV ARPU continues its positive evolution and grew to EUR 17.9 for the third quarter. This continued improvement is driven by the success of on-demand services and a growing percentage of customers whose promotional offer has expired.

                                    Nine months ended 30 September
                                    2007   2008   Variance   Variance %
                                    ----   ----   --------   ----------
TV (thousands)                       249    443        194        77.7%
  Of which TV-second stream users     19     54         35

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