Steady as she goes for Com Hem

Tomas FranzenCom Hem’s sales remained flat in the fourth quarter as the Swedish cablenet held its own in the increasingly competitive Nordic market.

Sales of SEK 1,145 million (€135.78 million) for the quarter ending December 31, 2012, compared with SEK 1,152 million for the same period in 2011. EBITDA increased by 14% to SEK 577 million.

The number of connected households increased slightly to 1.749 million.

“In a very competitive market, we continue to deliver stable results. I am glad that the reduction of digital TV subscribers as we noted in 2012, leveled off in the fourth quarter and the number of broadband customers remain at the same level, says Tomas Franzén, CEO, Com Hem.”

Digital TV subscribers now stand at 611,700, a fraction down on the last quarter, but behind the 658,400 of Q4 2011.