Swisscom has no intention of selling its Italian subsidiary Fastweb.
Swisscom has said that the number of IPTV connections increased year-on-year by 183,000 or 30.1% to 791,000 (+63,000 in the fourth quarter).
Fastweb is planning to drop its IPTV service from November, according to a report in the Italian daily, Il Sole 24 Ore.
Swisscom is finding success for its IPTV product in its domestic market, but its investment in the Italian broadband provider Fastweb is less sound.
Sky Italia and Fastweb have agreed to bundle satellite television service with broadband internet and fixed line telephony, the two companies have announced.
It’s coming good for Swisscom’s Italian broadband provider Fastweb. The company has reported consolidated revenues for 2009 of €1,853 million, representing a 8.5% increase on 2008, and in excess of the 5% growth target set by management.