Proximus TV boosted by high-end offerings

Proximus’s TV offering

Belgian telco Proximus added 17,000 TV customers in the second quarter to take its total to 1.533 million, up 5.2% year-on-year.

Proximus added 15,000 fixed internet customers in the same period, taking its total to 1.959 million.

Over the last year, the Proximus and low-cost Scarlet brands have increased their TV base by 75,000.

TV revenue was up 8.8% to €96 million, compared with a 1.2% rise in fixed broadband revenue to €216 million. TV ARPU was up 3.3% to €20.80 thanks to the more extensive content offering of the Tuttimus and Familus offerings. Overall Belgian consumer revenue was up 1.7% to €727 million.

Triple and quad-play homes and businesses totalled 1.41 million at the end of the quarter, 20,000 more than the preceding quarter and 5.6% up year-on-year. Triple and quad-play customers now represent 47.7% of the total base.

The quarter saw the introduction of Netflix to Proximus’s high-end Tuttimus offering. The Tuttimus and Bizz All-on offerings had 255,000 customers at the end of the quarter.

Underlying revenues were €1.417 billion for the quarter, down 2.9%. Underlying EBITDA was up by 0.4% to €464 million.

CEO Dominique Leroy said the group would “maintain our focus on improving customer experience, through a comprehensive entertainment offer strengthened by the renewal of the Jupiler Pro League football rights and Netflix now available as TV option in Tuttimus” going forward.