Telenet to extend homeworking policy
APRIL 29, 2021 12.33 EUROPE/LONDON BY JULIAN CLOVER

Belgium’s Telenet is to permanently extend its policy on homeworking.

John Porter, Telenet’s Chief Executive Officer, has told staff that due to the exceptional circumstances brought about by the Covid-19 pandemic, employees will be able to work remotely for up to 60% of their time over the course of a quarter.

Telenet is also planning a full refurbishment of our main headquarters in Mechelen.

Covid has also given the Flemish cablenet a tough comparison between the first quarter of 2021 and that of 12 months ago, when the impact of the pandemic was only beginning to be felt. Profits of €112 million were down by 27%.

However, customer base showed net broadband additions of 9,000 being added to the company’s fixed-mobile-convergence base of 660,500.

As of March 31, 2021, Telenet served 2,043,600 unique customer relationships, which represented approximately 60% of the 3,381,300 homes passed by its hybrid fiber coaxial network across Flanders and Brussels footprint.

Included are 1,799,000 video, 1,706,100 broadband internet and 1,161,000 fixed-line telephony subscriptions.

ARPU of €59.80 was up by 3%.