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Com Hem sees flat revenues, small subs decline

Swedish cable operator Com Hem reported flat year-on-year revenues for SEK1.145 billion (€135 million) for the fourth quarter, while EBITDA grew by 14% to SEK577 million.

The number of connected households grew slightly to 1.749 million, while the number of unique subscribers fell by 3,000 to 828,000.

CEO Tomas Franzén said the company had seen the decline in subscribers level off in the fourth quarter. He said Com Hem had managed to deliver stable results in a competitive market.

Tags: Com Hem, Sweden