ITI avoids the downturn
By Chris Dziadul
| May 20, 2009
Poland’s ITI Group, whose interests include TVN and the DTH platforms n and TNK, has posted impressive full year financial results for 2008.
While its consolidated revenues rose by 41.1% to €684,198,000, EBITDA went up by 95.9% to €179,951,000. TVN Group’s revenues were meanwhile 30.6% higher at €545,356,000 and EBITDA 37.2% at €202,210.
ITI Group has also confirmed that the combined subscriber total for n and TNK stood at over 750,000 at the end of April.