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30% rise in Swiss IPTV take-up

Swisscom has seen a 30% growth in subscribers to its IPTV platform Swisscom TV in the past year.

The Swiss national telco said it had picked up 208,000 new subscribers, taking the total to 902,000.

Swisscom said that more than half of its fixed-line broadband customers had now signed up for the IPTV service. Fixed-line broadband subscribers grew by 73,000 year on year, to 1.77 million.

More than 370,000 Swisscom TV customers use a replay function to watch programmes on up to 70 channels for up to 30 hours after first screening.

Swisscom’s financial results were less glowing, however. The company reported a 9.7% fall in net income, to 819 million Swiss francs (US$882 million). The company blamed increased competition.

In a statement, chief executive Urs Schaeppi said that, despite continuing competition and price pressure, the firm was confident about the second half of the year.

“We are investing a great deal in our network and for our customers, and are convinced that this will pay off in the long term,” he said.

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