Swisscom sees decline in TV subscribers

Swisscom’s TV base declined by 1.8% in the first quarter to end with 1.56 million TV customers.

The operator’s broadband base also declined by a more modest 0.6% to land on 2.02 million connecgtions.

Swisscom said that 1.98 million customers in the residential customer segment were now using its blue brand subscriptions. Blue now accounts for 47% of all mobile subscriptions and 80% of fixed-network broadband connections in this segment.

Swisscom said it plans to increase fibre coverage (FTTH) to around 55% by the end of 2025, and to 70-80% by 2030. In March, the operator concluded an access agreement with rival Salt. This includes Layer 1 access to Swisscom’s fibre-optic network in the point-to-point architecture, on which Salt can offer and operate its own services.

Italian subsidiary Fastweb meanwhile increased its fixed line base by 2.1% to 3.16 million while growing its mobile base more rapidly, by 22% to 3.23 million.

However, Fastweb’s retail customer base  in broadband fell by 2.5% to 2.66 million as it readjusted its residential market strategy.

Swisscom’s overall revenue dipped by 0.3% to CHF2.747 billion, with revenue from telecom services falling slightly more rapidly.

EBITDA grew by 2.4% to CHF1.164 billion.

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