Belgacom added 109,769 IPTV subscribers in the first nine months of 2007 and 58,086 in 3Q07. It stated that this increase was due to promotions that it introduced in 2Q07. It now has 249,434 subscribers. Its additions in 3Q07 were a significant improvement over the 41,857 added in 2Q07. It added less than 10 thousand new subscribers in 1Q07 largely due to churn caused by a "try & buy" program.
Belgacom received 29M euros revenue in the first 9 months of 2007 compared to 10M euros for the first 9 months of 2006. The ARPU for its TV service increased to 15.8 euros in 3Q07 compared to 11.6 12 months earlier.
Belgacom has gotten itself back on track. It is doing well picking up subscribers in a very competitive market with strong cable competition.
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