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Mixed picture for Cyfrowy Polsat

August 28, 2013 11.30 Europe/London By Chris Dziadul

Cyfrowy Polsat NewPoland’s Cyfrowy Polsat ended the second quarter with 3,545,582 pay-TV subscribers, a total little changed on the same period last year.

Of these, almost 80% used HD set-top boxes and around 16% opted for Multiroom.

The company noted strong growth in the take-up of its internet services, the subscriber total at the end of Q2 being, at 187,628, almost double the 99,069 a year earlier.

Similar growth was seen in Multiroom (5782,748 v 287,717), while its mobile telephony take-up fell (136,324 v 142,171).

Cyfrowy Polsat had a churn rate of 8.8% in the second quarter, while Family Package ARPU was PLN48.3 -€11.4 (+5.2% year-on-year) and Mini Package ARPU PLN12.8.

In other areas of the business, Cyfrowy Polsat’s online service Ipla averaged over 3.8 million users each month in the first half of this year, with over 2.5 million using the Ipla app and website and around 1.3 million apps for mobile devices, smart TVs, STBs and game consoles.

Ipla has been profitable since September 2012 and has a growing number of VOD transactions.

Cyfrowy Polsat’s Q2 revenues amounted to PLN740 million, up 3% on a year earlier. However, EBITDA was down by 5% to PLN257 million and net profit by 19% to PLN81 million.

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Filed Under: Central & East Europe, Newsline Tagged With: Cyfrowy Polsat, Poland Edited: 28 August 2013 11:30

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About Chris Dziadul

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