Proximus sees growth in TV and broadband

Proximus’s TV offering

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.”

Tags: Belgium, Proximus

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