Sweden’s dominant cable operator Com Hem took advantage of demand across digital TV telephony and broadband services as it improved its net sales by 13.9% in the second half of the year. Com Hem recorded net sales of SEK869 million (€94.8m) as its EBITDA climbed by 31.9% to SEK401m.
The number of broadband customers rose by 16,000 on the quarter to 447,000. Digital TV also continued to improve with the number of customers rising by 13,000 to 356,000. Telephony customers improved by 21,000 to 223,000.
In the key metric of triple play services the number of customers receiving Com Hem’s digital TV, broadband and telephony package grew by 15,000 to 125,000.
As Sweden enters the final phase of terrestrial analogue switch over, Com Hem has made it clear that it will continue to provide analogue signals to its customers. Tests of the new DOCSIS 3.0 broadband standard will begin over the next quarter, dramatically increasing broadband speeds.