Belgacom TV grew by 82,000 customers in H1 2009
Friday, July 31st, 2009Belgacom 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
More: Earnings Release
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