Nuuday sees one-off TV base rise amid long-term decline

Nuuday, the Danish service provider that was formerly part of telco TDC, saw a modest one-off rise in its TV base in the second quarter as a result of an agreement with a local antenna association, but saw its broadband base decline.

The operator added 5,000 TV customers as a result of the deal with the antenna association, but noted that the TV business continued to be subject to long-term decline.

Nuuday lost 6,000 broadband customers in the quarter, driven in part by a one-off loss of an association contract.

On the upside, Nuuday did add 9,000 mobile customers, with growth across residential and business markets combined.

The company als reported that it was now offering its services to all fibre supply companies in the country after signing an agreement with Fibia at the end of the quarter fro high-speed broadband. Overall, Nuuday’s subscriber base grew by 8.5% year-on-year .

Nuuday’s service revenue grew by 1.6% year-onyear to DKK3.321 billion.

During the quarter, Nuuday announced that it had contracted Netcracker Technology to lead its digital transformation, with an investment of DKK1 billion.

The company recently appointed a new CFO, Henrik Christiansen.

“We welcome Henrik to the Nuuday team and to our ambitious transformation journey. Now begins the next phase of our transformation program together with Netcracker, where we will create the most digital service provider in Denmark that delivers the best customer experience,” said CEO Jon James.