TeliaSonera has presented a familiar story as IPTV subscriptions compensate for falls in the traditional line rental business.
The total number of TV subscriptions, including those counted by the company’s cable TV business, grew by 104,000 year-on-year to reach 711,000 at June 30, 2009. IPTV subscriptions grew by 23,000 on the quarter, 17,000 of which were in Sweden, and totalling 532,000.
Telia now has 350,000 IPTV subscribers in Sweden, 5,000 in Norway, 3,000 in Denmark, 86,000 in Lithuania and 88,000 in Estonia. The company said revenues from IPTV had tripled and revenues for IP telephony was more than four times that of the second quarter 2008. The number of subscriptions for broadband access decreased by 4,000 from Q2 2008 to 147,000, while the number of subscriptions for cable TV increased by 2,000 to 211,000.
Cable subscribers in Finland and Estonia remained unchanged at 175,000 and 4,000 respectively.