Ericsson has announced changes to its operations in Sweden.
Com Hem has closed the acquisition of Boxer after having received approval from the State of Sweden and the country’s Competition Authority.
Former Open TV boss James Ackerman has joined Accedo as the company’s new chairman.
TDC Group is to sell its Swedish subsidiary TDC Sverige AB to Tele2 for SEK 2.9 billion.
Com Hem has entered into an agreement to acquire Boxer TV-Access AB, the pay-TV operator in the DTT network in Sweden, for an enterprise value of SEK1,330 million (€144 million).
The Swedish TV industry is undergoing a major transformation. The viewing is shifting from traditional broadcast to online and the revenues from online services are taking substantial shares of the overall market.
Modern Times Group’s (MTG’s) total net income in 2015 amounted to SEK251 million (€27 million), down from SEK1,172 million the previous year and lowest figure since 2011, when it posted a net loss of SEK1,289 million.
Horse & Country TV, the international equestrian sports and lifestyle network, will join the channel line?up on Boxer TV Access in Sweden at the beginning of March.
VIMN is continuing the global roll-out of its Nick Play app with four additional markets preparing for launch this Spring.
A steady year for Com Hem has seen the Swedish cablenet deliver a record low churn rate of 12.9% for the second consecutive quarter.