TV Point Group has signed an agreement with ATM SA to launch an IPTV service and multimedia distribution platform. According to a statement released by TV Point Group, a wholly owned subsidiary of Platforma Mediowa Point Group (PMPG), ATM SA will supply the necessary infrastructure for such a service and platform. PMPG is a marketing agency and publishing company formed by the merger of Arksteel and Point Group. It plans to raise around PLN40 million (€10.64 million) in an IPO later this year and recently announced that TV Point Group will launch a new channel known as MachinaTV, also later this year. ATM SA is meanwhile a Polish company specialising in the integration of IT systems, provision of telecom services and software development.