Monday, May 14, 2007

Swisscom at 40,000 IPTV Subscribers

Swisscom announced that 40 thousand people had signed up for its IPTV service that was launched in November 2006. There are more than 25 thousand with the service installed today.

The tender for FastWeb stock is open through May 15. We should hear as early as May 16 whether or not it will be successful. Silvio Scaglia, the founder of FastWeb, has tendered his shares. Swisscom will consider the tender successful if it receives at least 50 percent of the shares but will likely proceed if around 49 percent of the shares are tendered.

Swisscom is doing well with its new IPTV service and seems to be on track to have at least 100 thousand IPTV subscribers by the end of the year.

It will be interesting to see how it changes its IPTV strategy after the FastWeb acquisition is complete. I think there is a good likelihood that it will abandon its Microsoft software and replace it with the FastWeb system. The company could easily integrate both service together.

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