Canadian telco Bell Aliant saw $10.02 million in revenue and added 17,400 new IPTV customers in the fourth quarter of 2012, in testament, the operator said, to its commitment to growing its FTTH network.
The additions bring the carrier's totals to 123,000 IPTV customers by the end of December. It said it will continue the fibre build-out with a plan to pass about 800,000 premises by year-end.
The company saw other positive results as well; it added 20,200 fibre broadband customers to reach 112,200 total FibreOP broadband customers by the end of December.
"Our focus has been on expanding our fibre-to-the-home (FTTH) coverage to provide our leading edge FibreOP Internet and TV service to our customers, and we are seeing benefits," said Karen Sheriff, Bell Aliant's president-CEO, in a statement. "Our FibreOP services are now available to over 650,000 premises in our territories, with over 110,000 customers now subscribing."
Operating revenues were down $6.01 million year-on-year to reach $ 695.9 million, as the gains were offset by decline in the traditional telco businesses, like local and long-distance voice, which lost $15.03 million and $10.02 million in the quarter, respectively.
Meanwhile, though, Bell Aliant is branching into additional revenue-generating services made possible by fibre, including a "newly announced NextGen Home Security service, which is a natural extension of our ability to leverage our broadband expertise and leadership position to serve the whole home," Sheriff added.
"In our FTTH markets we are now experiencing revenue and EBITDA growth, with growing TV and Internet revenues more than offsetting declines in our traditional voice revenues," Sheriff said. "Continuing to grow our FiberOP customer base is the key to securing a strong future for our company and 2012 was a year of great FTTH results for us."