Finnish cable operator Welho, recently sold by the Sanoma group to telecom company DNA, had 163,000 customers at the end of June, up from 157,000 year-on-year, according to Sanomas quarterly results.
Sanoma recorded a capital gain of Â179.4m on the June 30 sale of the operator in its quarterly results, as a result of which Sanoma acquired a 21% stake in DNA.
The transfer of Welho to DNA gives the latter an overall TV customer base of 596,000, or 274,000 excluding Welho (up from 267,000 a year earlier), and an overall 43% market share. The company had 290,000 fixed broadband customers, or 175,000 excluding Welho, down from 187,000 in the prior year.
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19 October 2020 @ 12:30:00 UTC