Baltcom assesses progress
April 30, 2012 08.17 Europe/London By Chris Dziadul
The leading Latvian cable operator Baltcom had 14% more broadband internet subscribers this March than in the same period last year.
At the same time, the number of subscribers using built-in TV decoders to receive its digital TV services increased by 33% in March alone, while 13% more were watching HD channels than a month earlier.
Baltcom currently offers internet access at up top 100 Mbps and more HD channels (10) than any other company in Latvia.
Backed by RPAX SA, a company set up by AXA Private Equity Investors and Resource Partners, it has recently attracted investment of €50 million and aims to be become the leading provider of broadband and TV services in the Baltic Republics by 2015.