Belgian telco Belgacom had reached 1.34mn customers for its IPTV service ‘Belgacom TV’ by the end of the third quarter of this year, after adding 39,000 new subscriptions in the three-month period.
Of these new additions, 32,000 were new households and 7,000 were second-stream users – endorsing its strategy of pursuing not only new subscribers, but also seeking to bump up the packages taken by existing ones.
Belgacom also reports that it sold an additional 37,000 multi-play packs in the three months to October, bringing the total to 1.214mn, while erosion of its fixed voice revenues “remained contained”.
The telco launched its IPTV service in June 2005 and recently made good on its intentions to take development of its IPTV platform in-house through the purchase of assets from Nokia Siemens Networks.
It also launched a TV Everywhere service last month, included for no additional charge within the Maxi Pack of its managed IPTV service ‘Belgacom TV’, while subscribers who do not receive this pack can access the service for €4.95 per month.
Total revenues across all operations for the third quarter of this year reached €1.62bn, up 1.5% on an annual basis, while EBITDA fell 2.7% to reach €460mn before non-recurring expenses.