British Telecom added 38,000 new BT Vision IPTV subscribers in 3Q08, giving it a total of 320,000 at the end of the quarter. This total has increased to 340,000 since the end of the quarter. An average of 83 percent of the customers added in 3Q08 chose to take a subscription pack, nearly three times as many as last year.
The rate at which BT added new customers to its BT Vision IPTV service declined sharply in the quarter. Apparently this rate is holding steady in 4Q08, since the company has added 20,000 new subscribers half way through the quarter. Consumer belt tightening may be a significant issue at this time.
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