Swisscom doubles TV subscribers in 12 months

Swisscom doubled the number of TV customers during the 12 months to the end of March, leaving it with a total of 275,000 subscribers at the end of the first quarter.

The telco ended the quarter with a total of 3.5 million broadband subscribers, compared with 3.3 million a year earlier. Swisscom-owned Italian telco Fastweb accounted for 1.7 million of the broadband subscriber base.

Swisscom reported revenues of CHF722m (€503.5m) for its residential segment, up 2.4% year-on-year.