Monday, March 10, 2014

Philippines' CignalTV subscribers pass 600,000 in 2013

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MANILA, Philippines –– Philippine Long Distance Telephone Company (“PLDT”) (PSE: TEL) (NYSE: PHI) today announced its audited financial and operating results for 2013.
Direct-to-home (DTH) CignalTV (ePLDT investment via Mediaquest PDRs)
  • CignalTV had about 602,000 subscribers at the end of 2013 from over 441,000 at the end of 2012
  • 30% postpaid, 70% prepaid
  • Prepaid plans range from P290-430; while postpaid plans range from P430-1,590
  • Blended ARPU of P317
  • EBITDA positive at YE13
  • As of end December, CignalTV channel count at 104, including 13 free-to-air, 66 standard definition (SD) and 25 high definition (HD) channels
Cignal TV-To-Go, an over-the-top (OTT) service that allows PLDT, Smart and Cignal customers to watch real-time broadcast feeds of Cignal channels on their smartphones or tablets using the internet
  • Currently in its beta phase, and available on mobile devices that run on the Android Jelly Bean operating system (OS), and will soon be available on other OS

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