July 27, 2013

Belgian telco Belgacom added 16,000 TV subscribers in its second quarter, taking its total TV customer base to 1.428 million.

Announcing its quarterly results, the firm said that revenues from TV climbed 15.3% year-on-year, from €57 million in Q2 2012 to €66 million in Q2 2013, which it attributed to a larger TV customer base and higher average revenue per user (ARPU).

TV ARPU showed a 5.7% growth year-over-year to €18.6, supported by a price increase for rented set-top boxes.

“Belgacom added 14,000 TV households, in line with the previous quarter. Moreover, 2,000 multiple set-top boxes were added in the second quarter 2013. This resulted in a total TV customer base of 1,428,000, up 9.8% year-over-year, of which 245,000 were multiple streams,” said Belgacom.

The firm’s TV revenue in its consumer business unit totalled €131 million over the first half of 2013, up 16.1% on the previous year.

Overall Belgacom Group reported Q2 revenue of €1,583 million, down 1.7% year-over-year. Group EBITDA was €430 million, down 1.9% year-on-year.