Swisscom reported 1.582 million TV customers at the end of the second quarter, down from 1.584 million at the same point last year.
At minus 0.1% the decline was smaller in percentage terms than Swisscom’s drop in broadband customers over the same period – down 1% to 2.027 million – and mobile access lines, down 1.5% to 6.169 million.
Swisscom did manage to add around 1,000 TV customers in Q2, but lost 6,000 for the first half overall. The company now has a 37% share of the overall TV market.
Swisscom did see growth in its convergence play, inOne, with this offering now accounting for 68% of mobile customers and 80% of fixed network residential broadband connections, up 8%. The telco said that 46% of customers now use a combined offer.
Facing “a saturated market environment” across all segments, Swisscom did manage to growth its post-paid mobile base by 89,000, including growth of 19,000 in the second quarter, with the vast majority of additions attributable to budget brands such as Wingo and M-Budget Mobile.
Swisscom’s Italian subsidiary Fastweb did see growth in both fixed broadband and mobile lines, up 3% and 19.6% respectively to 2.774 million and 2.188 million.
Overall, Swisscom posted revenues of CHF5.583 billion, up 2% on an adjusted basis, and EBITDA of 2.317 billion, up 2.7%.