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Successful year for Cyfrowy Polsat

March 18, 2010 11.54 Europe/London By Chris Dziadul

The Polish DTH platform Cyfrowy Polsat ended 2009 with 3,202,000 subscribers, having added 475,000 to its total during the year.

As a result, it claimed a 59% market share among the country’s three leading DTH platforms, which also include Cyfra+ and n.

The number of Cyfrowy Polsat decoders at year’s end meanwhile stood at 3,904,000, compared to 1,540,000 for Cyfra+, 697,000 for n, 441,000 for TNK and 263,000 for TP.

The churn rate for Cyfrowy Polsat in 2009 meanwhile stood at 11%, as opposed to 15% for Cyfra+ and 18% for n.

Cyfrowy Polsat’s revenues in 2009 amounted to PLN1,279 million – €330.6 million (+14%) and EBITDA PLN327 million.

Its adjusted net income, factoring in PLN depreciation against the euro and dollar, was PLN356 million (+10%).

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Filed Under: Central & East Europe, Newsline, Satellite Tagged With: Cyfrowy Polsat Edited: 18 March 2010 11:55

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