EQT III acquired Com Hem AB, a Swedish cable TV operator, in 2003. Com Hem was one of the largest operators in Sweden, offering pay-TV and broadband internet access as the leading player in an attractive market.
During EQT's ownership, the company underwent extensive programmes of transformation and investments, which propelled the company's growth and profitability.
EQT III sold Com Hem AB in 2006.
Key events during EQT's ownership
- Major investments in infrastructure for broadband and telephony offering
- Introduction of triple play services, bundled offerings and telephony
- Sales and marketing initiatives leading to significant sales increase
- Revenue growth exceeding 20% annually over the last three years