Revenues at the Swedish telco Tele2 increased by 33% following its merger with cablenet Com Hem.
Tele2 reported revenue of SEK 6.8 billion, representing an organic decline of 2%.
The Com Hem TV base grew by 2,000 subscribers year-on-year following smaller price increases.
However, the Boxer pay-TV business continued to decline with a loss of 9,000 subscribers, largely due to customers connecting to fibre as it became available in their area. Revenues fell by 6%, largely on subscriber numbers, but offset in part by successful price adjustments.
