Belgacom added 43,931 IPTV subscribers in 1Q08, ending the quarter with 349,250 subscribers. It added 200 thousand IPTV subscribers since the end of 1Q07.
The ARPU for its IPTV service grew to 17.4o euros in 1Q08 compared to 13.40 euros in 4Q07. Its IPTV revenue grew from 8 million euros in 1Q07 to 18 million euros in 1Q08.
Belgacom's IPTV service picked up momentum in 1Q08. It appears to be doing well against the entrenched cable services.
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