NASDAQ OMX (NASDAQ:NDAQ) announced that Com Hem Holding AB (short name: COMH), a Large Cap company within the Telecommunications sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. Com Hem is, including switches, the 14th company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen; and Iceland).
Com Hem is one of Sweden’s leading suppliers of television, high-speed broadband and fixed-telephony. Approximately 39%, 1.83 million, of Sweden’s households are connected to Com Hem, with access to the market’s broadest range of television services. Com Hem offers attractively priced, high-quality and comprehensive services for television, high-speed broadband and fixed-telephony. The company was established in 1983 and has approximately 950 employees.
“Today is a true milestone in the history of Com Hem and we welcome all our new shareholders as we embark on our future as a listed company,” said Anders Nilsson, CEO of Com Hem. ”We are very pleased with the strong interest investors around the world have showed for Com Hem, which provides us with a solid based of seasoned and knowledgeable investors. Moreover, it is a testament to the investor confidence in our company’s business model and strategy.”
”We are proud to welcome Com Hem to our main market and congratulate them on their successful IPO, which is the largest in Stockholm in 14 years,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “It is very satisfying to see a new large cap company join NASDAQ OMX and Com Hem is certain to make an interesting addition to local and international investors alike. We look forward to an enduring partnership with Com Hem and to support them in their journey as a publically traded company.”