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TeliaSonera passes one million TV customers

TeliaSonera has passed the one million TV customers threshold. The Nordic telco added 263,000 TV customers in the year to June, including 111,000 in the second quarter alone, taking its total to 1.1 million.

TeliaSonera has also announced plans for expand its fibre-to-the-home network, investing SEK8 billion (€870 million) to cover 2.3 million homes across the Nordic and Baltic countries by the end of 2014, including almost one million in Sweden. A further 800,000 Swedish homes will be upgraded to VDSL2, giving the operator improved ability to deliver multiple HDTV streams, online gaming and video-on-demand.

Overall broadband customers at the end of the second quarter numbered 2.4 million, up 8,000 quarter-on-quarter.

TeliaSonera as a whole posted revenues of SEK25.9 billion, down 4.3%, and EBITDA excluding non-recurring items of SEK9.1 billion, down 0.9%.

TeliaSonera owned Estonian telco Elion meanwhile said it invested €3 million in expanding its fibre optic network in the first six months of the year to cover 167,000 homes and 6,000 companies in the cities of Keila, Kunda, Kuressaare, Narva, Põltsamaa, Põlva, Pärnu, Sillamäel, Tallinn, Tartu and Võru. The telco’s nutiTV service now has 130,000 subscribers, up 16,484 on the same period last year.