Com Hem, the Swedish cable operator owned by BC Partners, is preparing an initial public offering to raise about $1 billion, according to reports.

Com Hem could start the sale process as early as next week. The Stockholm IPO would value the company at about $3 billion and will likely involve a sale of new and existing shares.

Com Hem, which connects to nearly 40 per cent of homes in Sweden, reported earlier this month reported a Q1 underlying EBITDA of 545 million kronor ($83 million), compared with 544 million kronor a year earlier. Sales were little changed at 1.12 billion kronor as the number of unique subscribers increased 1.8 per cent to 838,000.

Other posts by :

1. Starlink success in Spain, but South Africa proves difficult
2. RocketLab doubts over Mynaric bid
3. IRIS2 free for government usage?
4. Bank: AST SpaceMobile will orbit 356 satellites by 2030
5. SpaceX launches 600th rocket
6. Starlink: 10m customers and counting
7. SES predicts end of ‘big’ Geo satellites
8. Amazon Leo gets approval for 4,504 extra satellites
9. SpaceX gets a portion of India

Categories: Articles, Business, Cable, IPO