SanomaWSOY (Welho) Interim Report 1 January-30 June 2008
Thursday, July 31st, 2008In January-June, SanomaWSOY (Helsinki:SWS1V) Group’s net sales increased by 3.2%, totalling EUR 1,452.8 (1,408.0) million.
SWelcom
SWelcom offers consumers entertaining experiences for television, radio, online and mobile devices. The television channel Nelonen is Finland’s third largest medium in terms of advertising sales. Welho is the country’s largest cable television company and a major provider of broadband services.
- The viewing shares of television channels increased significantly.
- Nelonen was the first TV channel in Finland to launch a free HDTV (High-Definition Television) service on Welho’s cable network.
Operational Indicators:
(thousands, 30 June) 1-6/2008 1-6/2007 -------- -------- Number of connected households 321 312 Number of pay TV subscriptions 103 70 Number of broadband internet connections 102 93
In June, Nelonen was the first TV channel in Finland to launch a free HDTV service on Welho’s cable network. The launch of Nelonen HD allows viewers to enjoy programming in higher definition and quality. Nelonen Media’s pay TV operations grew and in May, KinoTV already had over 100,000 and Urheilu+kanava over 300,000 subscribers.
More: Earnings Release
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