Swisscom doubles Bluewin sub base

Swisscom ended September with 186,000 IPTV customers, doubling its subscriber base in 12 months.

The Swiss telco said exclusive sports broadcasts and an expanded VOD library led to the increase in Bluewin TV subscribers. The broadband subscriber based increased by 4.5% to 1.8 million.

Swisscom reported third quarter net revenue of CHF3bn (€2bn), down slightly year-on-year. EBITDA was CHF1.2bn, down 1% on the previous year.

Swisscom-owned Italian telco Fastweb contributed revenues of CHF678m, up 3.5% year-on-year.