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Tag: sek

Sweden's household spend on TV subscriptions now exceeds 330 SEK per month

2018-11-08 13:00:00| Digital TV News

According to Mediavision, video streaming services in Sweden have grown rapidly during 2018 and the third quarter of 2018 is no exception. This in turn has led to a significant increase in the combined household spend on TV services.

Tags: per month spend subscriptions

Telia to acquire TV4, C More owner Bonnier Broadcasting for SEK 9.2 billion

2018-07-20 09:01:00| Telecompaper Headlines

(Telecompaper) Telia Company has confirmed an agreement to acquire Bonnier Broadcasting, including its Swedish channels TV4 and C More and the Finnish MTV, for SEK 9.2 billion. The company first announced they were in talks in May, and the deal is the latest to see telecom operators merging with content providers. 

Tags: owner billion acquire broadcasting

Ericsson plans SEK 14.2 billion in impairment charges in Q4

2018-01-16 09:54:00| Telecompaper Headlines

(Telecompaper) Ericsson announced it will take a total of SEK 14.2 billion in impairment charges in its Q4 2017 results. In addition to writing down the value of old assets, the company will take a charge for the corporate tax reform in the US. The one-time items are expected to leave the company deep in the red for 2017.

Tags: plans charges billion ericsson

Invuo agrees to sell SEQR to Glase for SEK 8 mln

2017-12-21 11:40:00| Telecompaper Headlines

(Telecompaper) Invuo Technologies, which used to be called Seamless Distribution, has announced an agreement with Swedish company Glase FinTech to sell its SEQR division for SEK 8 million paid in cash. The transaction is scheduled to take place before the end of 2017, when SEQR and all associated costs are taken over by Glase. By selling SEQR instead of winding it down, Invuo expects a cost saving of around SEK 20 million.

Tags: sell agrees sek mln

Swedish govt confirms SEK 150 mln for rural broadband expansion

2017-11-06 12:08:00| Telecompaper Headlines

(Telecompaper) Swedish Metro Network Association SSNf said the government has commissioned the Board of Agriculture to allocate SEK 150 million in broadband funding to sparsely populated parts of Sweden. This funding is intended to target places with fewer residents particularly, but in other respects, the same rules apply as before as far as granting permit and allocating money are concerned.

Tags: rural expansion swedish broadband

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