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Com Hem adding value

February 13, 2009 11.22 Europe/London By Julian Clover

Com Hem familyCom Hem is continuing to grow subscriptions to its value added services. The Swedish cablenet matched its 2007 spend with SEK849 million (€78.9 million) invested in its network infrastructure during 2008.

Its reward has been a 4% increase in digital TV households – although Sweden is switching off its analogue terrestrial services there are no such restriction on the cable sector – Com Hem reaching 468,000 digital households as of December 31, 2008. The total subscriber base remains at 1.76 million.

Broadband customers increased by 1% to 506,000, telephony by 5% to 314,000. Some 201,000 customers take a triple play service.

Revenues increased by 8% over 2007 to SEK3,820m while EBITDA was up 6% at SEK1,629m.

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Filed Under: Cable, Finance, Newsline Edited: 13 February 2009 11:26

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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