Swisscom posted a second-quarter profit of CHF443.4 million, slightly higher than the CHF430 million posted a year earlier. Overall the operator registered growth in all of its business segments, specifically across its bundled offers and IPTV service.
According to Swisscom, among subscribers of the new service, bundled offerings provided on a flat-rate continued to be most popular, with 1.31 million currently on bundled services, posting 197,000 increase year-on-year. Revenue from bundled contracts rose year-on-year by CHF 168 million or 18.5% to CHF 1,077 million.
By the end of June 2015, the number of customers using Swisscom TV service had increased year-on-year by 147,000 or 13.5% to 1.2 million. Within this segment, its TV 2.0 service which is powered by solutions from iWedia and Verimatrix, saw the total number of customers reaching 564,000 by end of June this year. The Swisscom TV 2.0 service gives access to more than 250 TV channels, of which nearly a third are in HD in addition to over 6400 videos-on-demand, more than 5000 live sport events yearly as well as catch-up TV services.
At the same time, said the Operator, fixed broadband connections (retail) enjoyed a year-on-year increase of 67,000 or 3.6% to 1.92 million. The growth of TV and broadband connections more than offset the decline in the number of fixed network (voice) connections (-133,000 year-on-year).
Urs Schaeppi, CEO, Swisscom
Despite price cuts for roaming services, currency effects and strong competition, we enjoyed a solid and pleasing result in the first half of the year. On a like-for-like basis, we increased revenue and operating income (EBITDA). We are investing heavily in our network and new offerings, and have gained a large number of new customers, particularly with Swisscom TV and bundled contracts. .
