Belgian telco Belgacom reported a 26,000 increase in TV subscriptions in the first quarter, taking its total TV customer base to 1.4 million.
This increase, along with increased average per-user spend, saw TV revenues grow by 16.9% year-on-year in the quarter to €64 million, partially helping to offset a decrease in mobile and fixed voice revenue.
Belgacom said TV ARPU showed a 4.5% growth year-over-year to €18.3, supported by a price increase for rented set-top boxes.
However, group earnings before interest, taxes, depreciation and amortisation came in at €441 million, 6.1% lower than for the same period of 2012, while group revenues remained stable €1.59 billion, down 0.1% compared to last year.
ICYMI: African SVOD market to grow by five times by 2025 digitaltveurope.com/2020/10/01/afr…
01 October 2020 @ 20:00:01 UTC
ICYMI: Vodafone Spain names new CEO digitaltveurope.com/2020/10/01/vod… https://t.co/SphFvOVTmB
01 October 2020 @ 19:03:00 UTC
Nippon TV rejigs international division with two promotions digitaltveurope.com/2020/10/01/nip… https://t.co/CwqpsbUThX
01 October 2020 @ 17:30:00 UTC
Setanta Sports Eurasia renews La Liga deal digitaltveurope.com/2020/10/01/set… https://t.co/8raqvBQcPn
01 October 2020 @ 17:10:00 UTC