Belgacom adds 48k IPTV subs in Q2

Belgian telco Belgacom had reached 1.301mn subscribers for its managed IPTV service ‘Belgacom TV’ by the end of the second quarter of this year, having added 48,000 subscribers in the three month period.

Second-quarter TV revenue grew by 8.3% to €57mn, driven by the continued sound subscriber growth. The second quarter TV Average Revenue Per User (ARPU) of €17.6 remained fairly stable over the last quarters, but saw an 8% decline year-over-year driven by the free football offer since July 2011.

Belgacom invested €174mn in the three months to June, including continued investments in its fixed and mobile networks, further increasing speed and capacity. The company also extended its fibre-to-the-cabinet network coverage to reach more than 82% of the Belgian population.

Total revenues for the second quarter of this year reached €1.611bn, virtually identical to one year previously, while group EBITDA reached €434mn, including exceptional items.

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