Solid growth at MEO

May 15, 2014 10.15 Europe/London By Julian Clover

meo-newMEO, Portugal Telecomís IPTV service, produce a solid performance in the first quarter.

The number of pay-TV subs grew by 20,000 in the first three months of the year to reach 1, 334,000 against an intense competitive environment.

Triple play customers also grew, 37,000 net additions took the total amount of subscribers taking voice, broadband and pay-TV to 989,000 customers.

PTís residential segment has seen revenues remain broadly stable at Ä179 million.