Monday, August 4, 2008

Free Adds 93K IPTV Subscribers in 2Q08 (Corrected)

Free, the competitive carrier in France, added 93 thousand new broadband subscribers in 2Q08, giving it 3.134 million at the end of 2Q08. It had 2.614 millionunbundled subscribers at the end of the quarter. Its penetration of unbundled subscribers increased to 83.4 percent at the end of 2Q08 compared to 81.5 percent at the end of 2007.

During the second quarter Free added the following to its service:

  • 802.11n support to its Feebox HD set-top box
  • Pre-release of Canal+'s catch up TV service
  • M6 HD and France 2 HD
  • Promotion that provided a one year subscription to the Canal+ Le Bouquet premium package for 1 euro per month
Free has closed its debt financing syndication that will enable it to acquire Telecom Italia's Alice France broadband operation. This acquisition should increase the number of its IPTV subscribers by another 80 thousand.

I estimated that virtually all of Free's unbundled subscribers are capable of receiving its IPTV service. This gives it a total of 2.6 million IPTV capable subscribers.

I found that I confunsed end of 2007 figures with 1Q08 figures in the original post.

No comments: