Bredband2: SE fibre market: 9% growth 2024 (vs. 12% '23) - ABG
Detta är en aktieanalys producerad av tredje part och reflekterar därför nödvändigtvis ej våra åsikter och värderingar
PTS has published new statistics for the SE fibre market
BRE2 market share: 14% vs 13% in 2023
BRE2's H1 focus is on customer adds; margins to improve in H2e
Bredband2 is the number 3 fibre actor in Sweden
PTS has now published its annual statistics for the Swedish fibre market. In terms of subscribers, Bredband2 held 14.3% of the private fibre market in 2024, which is slightly up from 12.7% in 2023 (and 13.3% in 2022). This increase was expected and is a result of recent marketing activities and M&A (e.g. Bredbandsson). In terms of value, however, Bredband2's share only increased marginally (9.8% vs. 9.7% in 2023), likely reflecting its greater focus on lower prices than many competitors.
Telia, meanwhile, continued to gain market share (33.8% of subscribers, up from 33.1% in 2023), likely driven by the deployment of fibre infrastructure in rural areas and the market's continued transition from xDSL to fibre subscribers (-54% y-o-y), although the effect of the latter is now diminishing. Furthermore, Telenor continued on its negative trajectory (with a market share of 18.9%, down from 19.7% in 2023 and 30% in 2014), while Bahnhof increased its share marginally (with a market share of 10.1% in subscribers, up from 9.9% in 2023, and a 11.6% share in value, which remained unchanged y-o-y).
BRE2 market share: 14% vs 13% in 2023
BRE2's H1 focus is on customer adds; margins to improve in H2e
Bredband2 is the number 3 fibre actor in Sweden
PTS has now published its annual statistics for the Swedish fibre market. In terms of subscribers, Bredband2 held 14.3% of the private fibre market in 2024, which is slightly up from 12.7% in 2023 (and 13.3% in 2022). This increase was expected and is a result of recent marketing activities and M&A (e.g. Bredbandsson). In terms of value, however, Bredband2's share only increased marginally (9.8% vs. 9.7% in 2023), likely reflecting its greater focus on lower prices than many competitors.
Telia, meanwhile, continued to gain market share (33.8% of subscribers, up from 33.1% in 2023), likely driven by the deployment of fibre infrastructure in rural areas and the market's continued transition from xDSL to fibre subscribers (-54% y-o-y), although the effect of the latter is now diminishing. Furthermore, Telenor continued on its negative trajectory (with a market share of 18.9%, down from 19.7% in 2023 and 30% in 2014), while Bahnhof increased its share marginally (with a market share of 10.1% in subscribers, up from 9.9% in 2023, and a 11.6% share in value, which remained unchanged y-o-y).