Numericable’s 2009 focus: fibre expansion and improved services

26 Mar 2009

French cable broadband and telephony provider Numericable has set itself two main goals for 2009 as it looks to ‘return to more stable investments’ by deploying more fibre networks and reducing churn rates by one-third. The company is determined to forge ahead with its fibre-optic rollout programme and to reduce churn rates by improving its focus on customer services. Numericable reported turnover of EUR1.3 billion (USD1.75 billion) in 2008, up 7% year-on-year, although Pierre Danon, the new CEO of Numericable, said the group was cutting its CAPEX target for 2009 to EUR250 million from EUR365 million as part of its focus on ‘more stable investments’ in the year ahead. It hopes to boost the number of homes passed by its fibre network to 9.4 million by the end of the year, up from 4.1 million at the end of 2008. The cableco added a net 90,000 new fixed telephony subscribers in the second half of 2008, taking the total to 740,000. In the same period its internet subscriber base increased to one million users, including 48,000 new 100Mbps fibre customers, taking its fibre-optic subscriber total to 152,000, it said.

France, Altice France (SFR)