Sunrise TV growth fails to halt revenue decline

Swiss service provider Sunrise Telecom’s TV base has grown to over 50,000 homes just over one year after the service launched. 

Sunrise said the success of features such as catch-up service ComeBack TV had boosted the TV offering and illustrated its strategy of becoming a full service provider in the Swiss market.

Growth in TV failed to halt a decline in revenue. Sunrise reported a drop in overall revenues for the first quarter of 4.5% to CHF486.5 million (€388.3 million), while EBITDA fell by 7.1% to CHF141.2 million thanks to price pressure in the mobile market.