Sweden helps push up Telia TV numbers

Nordic telco Telia Company saw its TV numbers continue to make modest progress in the second quarter, while revenues grew substantially.

The telco’s total TV subscribers across Europe reached 1.657 million at the end of June, up from 1.648 million in March and up from 1.586 million year-on-year, led by solid growth in its home market of Sweden.

In Sweden, Telia’s TV numbers edged up from 739,000 in Q1 to 747,000 at the end of June.

Across Europe outside Sweden, numbers were flat. In Lithuania, local subsidiary Teo saw its TV subscribers rise from 217,000 to 222,000, while in Estonia, Telia’s local subsidiary saw its TV numbers stay flat at 175.000.

TV numbers in Finland fell from 488,000 to 485,000 over the quarter, while numbers in Denmark slid by 1,000 to 28,000.

While TV subscriber growth was modest, TV service revenues grew substantially, driven by higher ARPU in Sweden as well as growth in subscriber numbers. TV ARPU in Sweden grew from SEK176 to SEK185 over the quarter, and up from SEK164 year-on-year.

Danish and Estonian ARPU also grew, to DKK345 and €8 respectively. Lithuanian TV ARPU was flat at €9.10, while Finnish ARPU edged up slightly to €9.90.