Belgian telco Belgacom added 30,000 TV subscriptions in the first quarter, increasing its TV customer base to 1.495 million and improving its share slightly in all regions.
Thanks to this larger TV customer base and higher ARPU, Belgacom said that Q1 TV revenue grew by 8.0% to €70 million.
TV ARPU increased by 3.9% year-over-year to €19, which Belgacom said was driven by its TV Everywhere product option.
“We continued to have good growth in our internet and TV customer base, leading to a slightly increasing TV market share in all regions. In mobile too we confirm our resilience in a challenging market,” said Belgacom CEO Dominique Leroy.
Overall, Belgacom Group generated Q1 revenues of €1.480 billion, down 6.6% year-on-year. Net income was €149 million, compared to €171 million for the same period last year.
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