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Sunrise TV growth fails to arrest overall revenue decline
Growth in the TV subscriber base of Swiss service provider Sunrise Telecom failed to prevent a decline in overall revenue and EBITDA in the first half of the year, partly due to lower prices in the mobile market.
Sunrise TV reached 60,000 subscribers by the end of June, with strong take-up of the Sunrise TV Set start and Sunrise TV Set comfort offerings. April also saw the launch of a new basic offering, Sunrise TV basic.
Sunrise posted overall first half revenues of CHF984 million (€800 million), down 3.8%, while EBITDA fell by 6.2% to CHF292 million.