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TeliaSonera sees highest Swedish TV growth in two years

Scandinavian telco TeliaSonera added 43,000 TV subscribers across all markets in which it operates during the fourth quarter of 2012 to reach a total of 1.3mn, with its Swedish unit seeing its biggest quarterly gains of the past two years.

The company reached 580,000 TV subs in Sweden by December 2012, helped along by the introduction of popular TV series from HBO one day after the US premiere of each episode, thanks to an agreement signed with HBO Nordic towards the end of last year.

TeliaSonera reached 400,000 TV customers in Finland, and revenues from its television service jumped by nearly 50% in the final three months of 2012 compared to one year earlier. In Estonia, revenues from its IPTV service more than doubled by the same comparison.

The telco – which has operations in Sweden, Finland, Norway, Denmark, Lithuania, Latvia and Estonia – saw its fibre customer base expand further in the fourth quarter and reach 643,000 customers across all markets, an increase of 23% from one year earlier.

Total revenues across all operations and markets for the fourth quarter of 2012 reached SEK 27.069bn (US$ 4.25bn), down 0.7% from one year earlier, while net profits rose 23.5% by the same comparison to reach SEK 7.168bn, thanks mainly to positive one-off items.

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