Belgacom has reported double-digit growth of its Proximus TV IPTV service, up 33,0004 subscriptions, increasing the total TV customer base to 1,558,000.
“Our TV revenue too was solid, showing double-digit growth in the third quarter on a continuously growing customer base and good results from our entertainment offer and TV-replay option,” said Dominique Leroy, CEO of Belgacom.
The third-quarter 2014 TV revenue grew by 10.5% to EUR74 million, as a result of the continued subscriber growth, and TV-options such as football subscriptions and TV-replay.
Belgacom added 33,000 TV subscriptions (i.e. including +13,000 multiple set-top boxes) in the quarter. CBU ended September 2014 with a total TV customer base of 1,558,000, of which 294,000 were multiple streams. The TV ARPU showed a 5.4% growth year-over-year to EUR19.7 driven by more TV options.
Revenue from Proximus TV over the first nine months of 2014 totaled EUR 214 million, an increase of 8.5% compared to the previous year.