Com Hem adding value
Com Hem is continuing to grow subscriptions to its value added services. The Swedish cablenet matched its 2007 spend with SEK849 million (€78.9 million) invested in its network infrastructure during 2008.
Its reward has been a 4% increase in digital TV households – although Sweden is switching off its analogue terrestrial services there are no such restriction on the cable sector – Com Hem reaching 468,000 digital households as of December 31, 2008. The total subscriber base remains at 1.76 million.
Broadband customers increased by 1% to 506,000, telephony by 5% to 314,000. Some 201,000 customers take a triple play service.
Revenues increased by 8% over 2007 to SEK3,820m while EBITDA was up 6% at SEK1,629m.