TiVo for Com Hem
August 27, 2013
Com Hem has confirmed it will launch TiVo this year.
Swedish cable operator Com Hem had sales of SEK1.108 billion (€127.3 million) in Q2, down on SEK1.148 billion a year earlier. EBITDA amounted to SEK547 million, compared to SEK541 million. Total connected homes were 1.78 million (+30,000 year-on-year). Unique subscribers amounted to 821,700, down from 823,400 in the previous quarter.
Commenting on the results and the TiVo launch, CEO Tomas Franzén said: “Com Hem is maintaining a stable position in a highly competitive market. It is becoming increasingly important to offer our customers innovative services at the cutting edge of technology and, during the first six months of 2013, we have worked intensively to develop new high-speed broadband and digital-television services that will be launched in the third quarter of the year… We have a huge, untapped potential in all the tens of thousands of properties that are connected to Com Hem’s network. There are a multitude of closely held companies and sole proprietorships to which we can direct our competitive offerings of communication solutions. This is an exciting step in Com Hem’s development.”