Portugal Telecom added 62,000 IPTV subs in the third quarter, giving it a total of 505,000 Meo customers at the end of September, up 138.9% year-on-year.Â
Portugals incumbent telco now claims to have a 21% pay-TV market share in the country. It said over 50% of Meo customers have used the VOD service on a paid basis, consuming on average 2.6 movies per month.
Portugal Telecom ended September with 812,000 retail ADSL customers, up 19.6% year-on-year, after adding 32,000 subs during the third quarter. ARPU increased by 2.1% year-on-year during the quarter to Â30.10 as a result of higher penetration of both TV and ADSL services, despite a lower contribution from voice revenues.
Operating revenue from PTÂs retail wireline business was Â239.9m, up 1.1% year-on-year. EBITDA was down 9.9% to Â195.7m.
ICYMI: MWC attendees permitted to enter Spain in boost for event digitaltveurope.com/2021/04/09/mwc… https://t.co/x67tu5LYyK
11 April 2021 @ 18:00:00 UTC
ICYMI: Ownzones hires former Verizon Media exec Capstraw as chief revenue officer digitaltveurope.com/2021/04/09/own… https://t.co/V3hyR8y6PW
11 April 2021 @ 17:00:01 UTC