Com Hem adds 4,000 digital TV subscribers in 4Q 2015

Tuesday, February 9th, 2016 
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Digital TV grew by 4,000 to 635,000 RGUs, TiVo penetration reached 35% equivalent to 224,000 RGUs (34% in Q3)

Com Hem AB, the Swedish cable operator, today announces its financial and operational results for the final quarter of 2015.

We grew our consumer base to a record of 911,000 unique subscribers, with net additions in broadband of 11,000 and net additions in digital TV of 4,000. Consumer churn remained at a record low level, unchanged from Q3 at 12.9 per cent. Consumer ARPU was flat at SEK 363 in advance of our 2016 price rise activity.

TiVo attracted 10,000 new customers, making TiVo a part of 224,000 Swedish homes, representing 35% penetration of the DTV-base. TiVo customers are significantly more engaged in digital TV than the rest of the population, and we continue to promote the uptake of the exceptional range of features offered to Com Hem TV customers; a quarter after the launch of Com Hem Play, we have seen streaming uptake grow by 45 per cent and usage of TV Everywhere growing by 7 per cent.

RGUs – As of and for the three months ended (thousands)

                              Q1'14  Q2'14  Q3'14  Q4'14  Q1'15  Q2'15  Q3'15  Q4'15
                              -----  -----  -----  -----  -----  -----  -----  -----
Digital Television              595    599    607    618    625    627    631    635
- of which TiVo subscribers      74    103    132    164    189    204    213    224