Switzerland’s Sunrise grows TV base by 37%

Swiss service provider Sunrise increased its IPTV base by 37% year-on-year in the second quarter to a total of 122,300.

The figure compares to 89,200 TV customers at the same time last year, with Sunrise seeing a steady increase for the service since launching its IPTV offering in January 2012.

“Internet-only and voice-internet bundles declined while Sunrise TV customers (which bundle voice-internet and IPTV) contributed to stabilising the subscription base,” according to Sunrise.

Overall for the quarter Sunrise reported a 6.9% year-on-year decrease in revenues to CHF488 million. Net income of CHF14 million was up by CHF7 million year-on-year.