Swedish broadcast infrastructure and pay TV group Teracom was boosted by the performance of its Danish unit in the first quarter and reported increased operating profit of SEK175 million (€20.5 million), up from SEK77 million.
Revenues fell slightly from SEK1.118 billion to SEK1.113 billion.
Swedish pay TV service Boxer has sold about 20,000 advanced set-tops, with the new boxes to be rolled out in Denmark in May. Overall, however, Teracom said that pay TV numbers fell during the quarter.
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