Com Hem passes stable quarter

Swedish cable operator Com Hem’s customer base remained stable during the third quarter, with the operator ending the three months to September with 831,000 customers out of 1.75 million homes connected and an average of 1.82 services per customer.

Digital TV subscribers grew modestly from 520,900 to 612,700, while broadband subscribers remained flat and triple-play subscribers continued to decline from 275,500 to 270,800.

Com Hem posted revenues of SEK1.133 billion (€132 million) for the third quarter, up SEK7 million year-on-year, with an operating profit of SEK582 million, up SEK26 million.

During the third quarter, Com Hem began work on the final phase of its network optimisation plan.