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Videotron adds 40,000 subscribers in Q3 on strong LTE commitment

Coming off Q2, Videotron had just over 700,000 customers. In Q3, mobile revenue increased by $30.8 million and the numbers of wireless subscribers jumped by 39,600 to 742,500 customers, which is an increase of 6 percent. The company added 152,100 wireless customers over the past 12-month period, noting that the growth was due to “the performance of our LTE network, which was rated ‘the fastest in Canada’ by a report from the UK-based firm OpenSignal released in September.”

Total ARPU for all of Videotron’s services was up $10.92 (8.7%) to $136.94 in the third quarter of 2015, again propelled by the growth of the mobile telephony service, whose ARPU rose by $4.94 (11.2%) over the same period a year ago. Videotron does not break down specific mobile ARPU.

Related reading: Telus blames ‘competitive intensity’ for flat Q3 2015 results, will shed 1,500 jobs

[source] Videotron [/source]

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