Boxer sees growth in Denmark

Sweden-based TV service provider Boxer had 337,000 pay TV customers in Denmark, up from 71,000 a year earlier, and 250,000 customers to its Plus TV service in Finland, up from 240,000, at the end of the first quarter.

The company said it had seen a slowing down of the decline in numbers for its Swedish service Boxer TV, which dropped by 4,000 in the three months to March to 613,000, down from 635,000 a year earlier. Boxer now has about 1.2 million pay TV customers across the region.

Broadcast services provider Teracom Sweden’s revenues rose from SEK352 million (€40 million) in the first quarter of 2011 to SEK358 million for the last quarter, with operating income more or less flat at SEK108 million, while Boxer TV Sweden’s revenues grew from SEK484 million to SEK497 million, and operating income grew from SEK55 million to SEK63 million.

Boxer Denmark had revenues of SEK 180 million and an operating loss of SEK64 million for the first quarter, while Plus TV posted revenues of SEK143 million an operating loss of SEK18 million.

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