Revenues from bundled communications services up 8.8% in 1st half to 1,004 ME

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Revenues from bundled telecommunications services rose 8.8% in the first half of the year to 1.004 billion euros, the highest annual growth since 2016, according to Anacom data released today.

“Between January and June 2023, revenues from bundled services amounted to 1.004 billion euros (51.8% of total retail revenues), an increase of 8.8% compared to the same period last year (the highest annual growth recorded since 2016)), according to statistical data on bundled services in the first half of the year, published on the website of the National Communications Authority (Anacom).

The regulator detailed that revenues from offers of four or five services (4/5P) accounted for 66.8% of total bundled revenues or 34.6% of total retail revenues.

The average monthly revenue per bundle subscriber (36.61 euros excluding VAT) also recorded the highest annual growth since 2016 (+5.3%), standing at 45.08 euros for 4/5P offers (+4.4%) and 28.67 euros for 3P offers (+4%).

At the end of June, the number of bundled service subscribers was 4.6 million, 131,000 (2.9%) more than in the same six-month period last year, with growth exclusively associated with 4/5P offers (+169,000 or +7.2%).

4/5P offers were the most popular, with 2.5 million subscribers (54.8% of all bundled offer subscribers), followed by 3P offers (with 1.7 million subscribers, 36.4%), which saw the biggest annual decrease since 2015.

Single play or 1P offers accounted for 69% of mobile accesses and 15.2% of fixed accesses.

Anacom estimates that, by July 2022, residential stand-alone offers would amount to just 1% of all residential fixed broadband subscribers, 3% of all residential pay-TV subscribers and 5% of all residential fixed telephone service subscribers.

At the end of June, Meo was the provider with the largest share of bundled service subscribers (41.3%), followed by the NOS Group (35.4%), Vodafone (20.5%) and Nowo (2.8%).

Compared to the same period in 2022, Meo and Vodafone increased their share of subscribers (+0.3 percentage points in both cases), while the shares of the NOS group and Nowo decreased (both -0.3 percentage points).

In net terms, Nowo was the only one of the providers mentioned to decrease the number of package subscribers, the telecoms regulator pointed out.

Moti Shabi
Moti Shabi
Moti Shabi

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