0
Broadband

Netflix adds 13 mln subs in 2014, plans global expansion

Wednesday 21 January 2015 | 08:48 CET | News
Netflix announced plans to accelerate its international expansion, after adding 13 million new customers in the past year. The company reported growth in the fourth quarter ahead of its outlook, adding 4.33 million new streaming customers for a total 57.39 million. Netflix said it's now profitable in its first markets launched outside the US. It will expand to Australia and Zew Zealand by March and more countries by the end of this year. Already available in 50 countries, Netflix aims to grow to around 200 markets worldwide by 2017, including China. The international expansion and investments

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Netflix
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Netflix expands to 130 new countries

Published 07 Jan 2016 08:24 CET | World
Netflix announced it has expanded its video streaming service to an additional 130 countries. The announcement was made by CEO ...

Netflix in talks to enter China with Wasu - report

Published 15 May 2015 09:07 CET | China
Netflix is in talks with a Chinese media company and other possible partners on its entry into the Chinese market, people ...

Netflix adds almost 5 million subscribers in Q1

Published 16 Apr 2015 08:40 CET | World | Update: 16 Apr 2015 12:39 CET
Netflix added 4.88 million new subscribers in the first quarter, to take its customer base to 62.27 million at the end of March. ...

Netflix launches in Cuba for USD 8 per month

Published 10 Feb 2015 09:25 CET | Cuba
Internet movie and TV subscription platform Netflix has launched its streaming service in Cuba, starting at USD 7.99 per month. ...

Verizon FiOS, Cablevision lead Netflix ISP Index in January

Published 09 Feb 2015 20:57 CET | United States
During the month of January, in the US, Verizon FiOS narrowly held onto the top spot in the Netflix ISP Speed Index with ...

Netflix raises USD 1.5 bln in bond issue

Published 03 Feb 2015 08:47 CET | World
Netflix has raised USD 1.5 billion in a bond issue. The issue included USD 700 million of senior notes due 2022 with interest of ...

Netflix plans to launch in South Africa in 2016

Published 26 Jan 2015 10:29 CET | South Africa
Netflix said it intends to launch operations in South Africa within the next two years as part of its global expansion ...

Tele-Post Greenland to throttle some services for streaming

Published 22 Jan 2015 12:24 CET | Greenland
Tele-Post Greenland said it is to reduce the bandwidth of three of its flat rate internet services when they are used for ...

Netflix adds 3 mln customers in Q3, looks to Australia, NZ

Published 16 Oct 2014 10:37 CET | World
Netflix could be preparing a launch in Australia and New Zealand, the Financial Review reported, citing chief content officer Ted ...

Netflix streaming soars 350% since 2011 – study

Published 26 Sep 2014 10:36 CET | World
Netflix streaming has rocketed by 350 percent over the last 10 quarters, growing from 2 billion hours in the final quarter of ...

Netflix to surpass 104 million int'l subscribers by 2020

Published 22 Sep 2014 16:26 CET | World
At the 2014 CTAM Eurosummit in Copenhagen, Reed Hastings, CEO of Netflix announced that Netflix expects to achieve penetration of ...

Netflix to expand further after passing 50 mln customers

Published 22 Jul 2014 08:55 CET | Europe
Netflix reported second-quarter results slightly better than expected, while announcing the milestone of 50 million subscribers ...

Netflix plans price hike to offset content costs

Published 22 Apr 2014 08:48 CET | World
Netflix added 4.0 million new customers in the first quarter, slightly more than expected, for a total 48.35 million streaming ...

Netflix raises USD 400 mln in bond issue

Published 05 Feb 2014 09:02 CET | World
Netflix has raised USD 400 million in an issue of senior notes at 5.75 percent, due 2024. Netflix said it will use the proceeds ...





Calendar   /   Industry Events

01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items