Ziggo get internet customers but makes loss




Ziggo has in the past quarter gained both Internet clients and sim-only customers: as the number of SIM-only customers increased by 21,000 to 84,000. Simultaneously, the ISP, which is acquired by rival UPC loss.

Ziggo The ISP was in the quarter 25,000 Internet customers; In total there are now 2 million, 7.7 percent more than a year ago. That the company has announced at the presentation of its quarterly results . The number of all-in-one customers rose by 53,000 to 1.6 million; 5.6 percent more than a year ago. Moreover Ziggo Mobile, the new virtual branch of the provider, saw its customer base grow by 21,000 to 84,000. The increase is decreasing: last quarter there were still 30,000 customers.

It is notable that the use of fixed telephony has increased by 5.7 percent compared with a year ago; according to Ziggo is that the introduction of a new “unlimited-call plan. However Ziggo analog TV viewers continue to lose: there were still 381,000 last quarter, now only 359,000. The slight increase in the number of digital viewers can not compensate. Incidentally, other cable companies lose analogue TV viewers.

Bottom line suffered Ziggo in the quarter 29.5 million loss by different depreciation that the company has to do. A year earlier Ziggo was still 88.9 million profit. If the depreciation is deducted, the company has an operating profit of 225.8 million euros. Ziggo is about to be acquired by Liberty Global, the parent company of UPC. However, the European Commission must still approve the acquisition.

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