Com Hem grows digital base

Com Hem added over 40,000 new digital TV subscribers in the third quarter, the switch off of analogue services in the Stockholm area having led to a fall in pay-TV analogue subscribers.

Reflecting the more lucrative nature of digital subscribers, revenue increased by around 7% year-on-year to SEK 3,039 million (€294.09m). EBITDA for the first three quarters was up to 2% at SEK 1,262 million.

Digital TV connections climbed by 40,300 on the quarter to reach 544,700 as of September 30, 2009. However analogue pay-TV subs lost 32,100 and now stand at 28,300. Broadband and telephony connections have slowed in recent quarters and now stand at 518,100 and 337,100 respectively.

 

About Julian Clover

You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com. Julian has been following the media world for over 20 years with a focus on the UK and Nordic markets, HD, 3D and connected TV technologies.

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