Belgacom TV adds 82k subs in H109

Belgian telco Belgacom added 82,000 subscribers to its IPTV service 'Belgacom TV' in the first half of this year to reach a total of 589,000 customers by last June, including 75,000 'second-stream' users.

Revenues for the service meanwhile reached 59mn for the first half of this year, up 53.3% from the same period of last year. Average revenue per user for Belgacom TV reached 19.80 by June 2009, compared to 19.50 one year previously, with the telco reporting that TV ARPUs were positively affected by a lower impact from promotions in the first half of this year.

Belgacom reports that it invested a total of 44mn in its TV service in the first half of this year, including in the platform, set-top boxes and content. The company has also invested 25mn in the further deployment of its Broadway project (expanding its VDSL and fibre-to-the-cabinet networks), which has enlarged its TV footprint to cover 87% of Belgium, as well as "easily" allowing customers to watch two HDTV channels and surf the Internet at the same time.

Revenues across all operations reached 2.996bn for the first six months of this year, up 1.4% year-on-year, while net income reached 400mn, down from 471mn one year previously.