Dutch cable operator Ziggo said its All-in-1 triple play package brought in 49,000 new customers in the fourth quarter, bringing the total to over 1 million. The number of digital TV subscribers saw 72,000 net adds in the quarter, a rise of 34 percent. There were 31,000 new broadband subscriptions sold, and 50,000 fixed telephony ones. Full year revenues rose 7.1 percent to EUR 1.3757 billion. Adjusted EBITDA lifted 12.7 percent to EUR 783.4 million, with the free cash flow increased by 27.3 percent to EUR 553 million and the debt to EBITDA ratio improved to 4.5 from 5.4.
The number of homes passed at end December was at 4.141 million, up 1.6 percent from the year before. The number of TV connections fell 2.5 percent to 3.087 million. Of these analogue TV only connections sank 20.5 percent to 1.283 million while the number of analogue and digital TV lines rose 16.2 percent to 1.804 million. Around 897,000 customers take additional digital services or packages. Broadband internet grew 6.9 percent to 1.549 million and telephony advanced 16.8 percent to 1,167,000. Ziggo provided 1.094 million households with triple-play. The migration to All-in-1 is almost complete; there are still 20,000 customers with an old package. The number of RGU's increased by 3.4 percent to 5.802 million. The average improved to 1.88 per household from 1.77. The monthly ARPU in 2010 rose to EUR 33.28 from 29.93.
Ziggo put EUR 200 million into the network in the past year. The company exchanged 100,000 modems in Q4, and expects the figure to reach 600,000 for full-year 2011.
Revenu from business operations slid 7.2 percent lower to EUR 77.4 million, compared to 7.6 million in 2009. Ziggo focuses its portfolio on small to mid-sized SMEs.