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Multimedia profits slip

August 8, 2007 10.18 Europe/London By Chris Dziadul

The Polish MSO Multimedia Polska has posted a year-by-year fall in its net profit, the PLN12,284,000 (€3,247,424) recorded in H1 being 15% less than in the corresponding period in 2006. Its overall revenues in H1 amounted to PLN102,469,000 (+9%) and adjusted EBITDA PLN51,656,000 (+12%), with the highest increases being for basic CATV (+15% year-on-year) and Internet (+19%). However, revenues from IPTV services, which were only introduced by Multimedia Polska in May 2006, grew from PLN6,000 in H1 2006 to PLN405,000 in H1 2007. Multimedia Polska ended the second quarter with 533,000 video, 166,000 broadband and 175,000 voice RGUs. The video RGUs total included 24,000 for premium channels, 2,000 for IPTV and 2,000 for digital TV services.

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Filed Under: Central & East Europe, Newsline Edited: 8 August 2007 10:18

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