Swedish cable operator Com Hem saw a slight quarter-on-quarter decline in digital TV, broadband and phone customers in the first three months of the year in what CEO Tomas Franzén described as a very competitive environment.
Com Hem lost 15,000 digital TV subs in the quarter to end with 643,600. Broadband subs fell by 400 to 550,100 and telephony customers fell by almost 7,000 to 369,500. Triple-play customers fell by 6,500 to 285,500.
Revenues for the first quarter were SEK1.136 billion (€126 million), up 2% year-on-year, while operating profit was up 6% to SEK532 million. Com Hem’s overall customer base grew slightly year-on-year by about 14,000 to 851,800.
Franzén said the company’s broadband and TV base was stable and maintaining market share.
.@Quibi secures victory in legal battle with Eko digitaltveurope.com/2020/07/14/qui… https://t.co/6KS9s1BoMN
14 July 2020 @ 12:08:29 UTC
.@peacockTV spent 70% more on advertising in build up to launch than @disneyplus digitaltveurope.com/2020/07/14/pea… https://t.co/H4Ne4RErTZ
14 July 2020 @ 10:56:34 UTC
RT @M5Sime: Join INTIO TV, Talpa Network, @Irdeto and @elementaltech for this dive into video architecture and best practices https://t.co/…
14 July 2020 @ 10:54:59 UTC
Women’s #WorldCup could go biennial says FIFA president digitaltveurope.com/2020/07/14/wom… https://t.co/ePqZMSIpRq
14 July 2020 @ 10:05:26 UTC
RT @Gracenotetweets: Last chance to sign up for @digitaltveurope's free "Age of Discovery" webinar w/ us, @virginmedia and @OmdiaHQ. Learn…
14 July 2020 @ 09:01:08 UTC
