The Polish cable operator Multimedia Polska has allocated between PLN30-50 million (€7.33-12.22 million) for acquisitions this year, according to its president Andrzej Rogowski.
In a wide ranging interview in Parkiet, he added that the company has already lodged bids for several operators with a combined total of 20,000-50,000 subscribers, including some in Warsaw, and that developments can be expected in Q2/3 this year, if not sooner.
Rogowski added that Multimedia Polska would probably decide in Q2 on whether or not to have a share buy-back worth over PLN80 million.
He also said that the company expects to end this year with around 1.5 million RGUs (revenue generating units).
Although the Polish cable market is currently waiting to see if the country’s competition authority UOKiK approves the takeover of Aster by Liberty Global, Rogowski said he believes the latter (UPC) will meet with no problems.
When questioned about the DTH market, he insisted that Multimedia Polska has no plans to launch its own satellite-delivered service.
Multimedia Polska is the third largest cable company in Poland after UPC Polska and Vectra and also operates an IPTV service.