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Multimedia gains digital subs

May 7, 2010 10.34 Europe/London By Chris Dziadul

The Polish cable operator Multimedia Polska had 108,200 digital TV and IPTV subscribers at the end of Q1 or 26% more than a year earlier.

Its TV RGU total meanwhile stood at 694,000, and earnings from its TV interest amounted to PLN60.2 million (€14.6 million), up by 6% on the corresponding quarter in 2009. ARPU for its digital TV services stood at PLN27.1, compared to PLN22 a year earlier.

Multimedia Polls invested PLN4.7 million in Q1, of which around 87% was allocated to widening the reach of its services and securing new subscribers. It also continued to expand its operations in Warsaw, where as of the end of Q1 they reached around 75,000 households.

Multimedia Polska’s net profit in the quarter amounted to PLN21.5 million, 72% up on the PLN12.5 million posted a year earlier.

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Filed Under: Cable, Central & East Europe, Newsline Tagged With: Multimedia Polska Edited: 7 May 2010 10:34

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