Belgian telecom operator Proximus said that it managed to build its TV and broadband base in Q2, despite this generally being a slow quarter for growth.
Proximus added 9,000 TV customers in the quarter to take its total to 1.584 million, up 3.3% year. The company’s fixed internet base added 6,000 customers, taking that total to 2.002 million, up 2.2%.
Proximus’ fixed-voice base, on the other hand, fell by 3.8% year-on-year to 2.569 million, with 25,000 losses in Q2. The company’s mobile post-paid base grew by 45,000 SIM cards in the quarter to reach 3.952 million, while the pre-paid base declined by 39,000 to 886,000.
Triple- and quad-play homes totaled 1.452 million by the end of June, representing 48.8% – close to half – of the overall customer base, with 9,000 new multi-play homes being added in the quarter.
Proximus attributed an 0.8% rise in domestic revenues to €1.114 billion to higher fixed data and TV revenues, offsetting lower fixed voice revenues.
“I’m very satisfied we realised a strong second quarter, showing continued customer growth and a solid set of financials in spite of a highly competitive market, and as such we close a solid first half of the year,” said CEO Dominique Leroy. “Through our dual-brand strategy, we have been able to continue to grow our customer base for TV and internet, in a generally slow commercial quarter for fixed. Nonetheless we continued to see good traction for our all-in offers, reaching 439,000 Tuttimus/Bizz all-in customers by end-June. We also achieved a strong growth in mobile postpaid, adding in total 45,000 cards to our postpaid base, driven by a sequentially improved churn, a successful Red Devils mobile campaign, and continued growth in the enterprise segment.”
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20th May 2019