Belgacom TV grew by 82,000 customers in H1 2009

Friday, July 31st, 2009
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Belgacom TV grew by 82,000 customers in the first semester 2009 to a total of 589,000

The Belgacom Group (Brussels: BELG) reports for the first half-year 2009 a resilient revenue of EUR 2,996 million, i.e. a year-over-year growth of 1.4%, including the impact from acquired and divested companies.

Successful challenger in TV business.

The ongoing VDSL2 investments have so far led to a TV footprint of over 87%. The capacity provided by VDSL2 of up to 20 Mbps easily allows customers to watch two HDTV channels and surf on the internet at the same time.

Belgacom TV celebrated its fourth anniversary end of June. Four years ago, Belgacom started as a challenger in a highly penetrated cable market. Since its TV launch, Belgacom has been taking advantage of analog cable customers switching to digital, enabling it to continuously grow its TV customers base. By the end of June, Belgacom TV had 589,000 subscribers. Which is quite an achievement, ranking Belgacom TV among the top three of the fastest growing and most innovative IPTV platforms in the world.

Operationals (end of period, thousands):

                                  Q108  Q208  Q308  Q408  Q109  Q209
                                  ----  ----  ----  ----  ----  ----
TV - households                    349   391   443   506   555   589
Of which TV-second stream users     37    42    54    65    70    75

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