Ziggo reports fast digital TV growth

By Robert Briel
September 30, 2009 09.58 UK

Dutch cabler Ziggo reports that in the first half of 2009, the market for digital television grew rapidly. This resulted in an increase of 387,000 customers to a total base of 1,382,000. The company remains the number one provider of digital TV in the country.

As with all cable nets in Europe,the number of subscribers continues to decrease. The number is down 48,000 to a total of 3,215,000 subscribers. The number of homes passed grew to 4,038,000 up from 3,999,000 the previous year.

The number of broadband subscribers grew 1% to 1,400,000. Telephony subscriptions reached 903,000. This is 17.3% growth compared to the first half of 2008. The number of bundles grew by 356,000 to 476,000 in the first half of 2009.

Ziggo has introduced several new products and services during the first half year. In April the cabler introduced Video On Demand (VOD) and signed agreements with Sony and Warner Brothers amongst others. Recently, with the implementation of EuroDOCSIS 3.0, Ziggo increased faster internet speeds to better meet the DSL competition.

The company said it further improved results in the first half of 2009 compared to the first half of 2008 with revenue increased 2.6% in the first half of 2009 to 630 million and a strong growth of revenue generating units (RGUs) by 7.8% to 6.9 million.