Nos grows converged customers and advanced TV base

Portuguese cable and pay TV operator Nos has grown its converged customer base and increased penetration of its Iris advanced TV service in the first quarter.

Nos added 72,200 converged customers in the first quarter, taking its converged base to 456,800. The number of converged services rose by 341,300 to reach 2.2 million, or 32.2% of the overall fixed customer base, up from only 9.7% for the prior year period.

Nos added 49,000 Iris customers in the quarter, and said that Iris now accounts for 84.6% of its triple, quad and quint-play base.

The company said it had also reversed negative pay TV growth by adding 11,900 pay TV customers in the first three months of the year.

Nos added 151.3 RGUs in the quarter. Convergent RGU adds were in line with the company’s performance for the same period last year, but mobile net adds were 93.7% up at 87,200 for the quarter. Nos’s mobile base grew by 13.4% to reach 3.73 million.

Fixed broadband customers were up 10.8% year-on-year, passing the one million-customer milestone for the first time. Residential fixed ARPU was up 12% to €41.50.

Overall revenue for the quarter stood at €344.1 million, up 2% on the prior year figure, while EBITDA stood at €127.9 million, down 1.5%.