August 18, 2013 10.01 Europe/London By Julian Clover
Operating profit at Teracom improved in the second quarter, thanks to an improvement in earnings at Boxer Denmark.
EBITDA of SEK 233 million (€27 million) in the second quarter compares to SEK 199 million in 2012.
Despite Boxer Denmark’s results for the quarter still being negative, losing 20,000 subs to 348,000, the Swedish-owned transmission company says a customer base has been built and the brand established.
Boxer Sweden is not so healthy and intense competition has seen a decline in the customer base, from 612,000 subscribers in Q2 2012 to today’s 589,000.
An increased effort has been placed on customer service with so far positive results.