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Zon Multimédia loses DTH subs but triple-play increases
A declining DTH base offset growth in Zon Multimédia’s triple-play subscriber base during the second quarter.
The Portuguese pay TV operator saw the number of triple-play subscribers increase by 7.7% year-on-year to 730,9000.
The number of basic subscribers was up 2.2% to 1.6 million, of which 1.2 million took cable services, an increase of 4.6%. DTH numbers were down 5% to 375,500.
The operator is seeing steady progress with its next generation Iris offering, adding 42,500 customers during the quarter. It ended June with 161,000 Iris subs.
Zon’s second quarter operating revenues were up 1.4% to €214 million and EBITDA increased 0.4% to €78.8 million.