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Com Hem grows digital base

November 26, 2009 10.09 Europe/London By Julian Clover

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.

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Filed Under: Cable, Finance, Newsline Edited: 26 November 2009 10:09

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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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