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Latest Satellite News Discussion, Multimedia adds digital subs, eyes acquisitions at General Satellite News forum; Published: September 2, 2010 09.48 Europe/London The Polish cable operator Multimedia Polska had 112,000 subscribers to its digital cable and ...

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Multimedia adds digital subs, eyes acquisitions - 02-September-2010, 15:10

Published: September 2, 2010 09.48 Europe/London

The Polish cable operator Multimedia Polska had 112,000 subscribers to its digital cable and IPTV services as of the end of June, a 20% increase on the same period last year.

Its RGU total at the end of June stood at 1.27 million, representing a year-on-year increase of 77,000. It also had 312,000 double and 93,000 triple customers, or 11% and 18% more respectively than a year earlier. Churn in Multimedia Polskas TV services was 0.74% in Q2, down from 0.89% a year earlier.

The companys revenues in Q2 amounted to PLN140.5 million (35.3 million), a year-on-year increase of 9%, while EBITDA was up by 17% to PLN73.5 million and net profit by 16% to PLN15.8 million.

Speaking to the local press, Multimedia Polskas president Andrzej Rogowski said it was now in a position to buy Aster, the countrys fourth largest cableco, as well as smaller operators.


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