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Netia tops 200K TV subs

October 29, 2018 08.20 Europe/London By Chris Dziadul

Poland’s leading alternative telco Netia ended the third quarter with 202,000 B2C subscribers receiving TV services on its own network.

In the company’s latest set of results, it states that this was 16,000 more than at the start of the year and 6,000 more than three months earlier.

At the same time, TV ARPU rose by over 7pp.

Netia’s own network had 741,000 B2C RGUs at the end of Q3, while its B2C RGU total, including services supplied on networks such as Orange Polska’s, was 1,439,000.

Netia had revenues of PLN341 million (€ 79 million) in Q3, down 1% on the previous quarter. Of these, B2B accounted for PLN182 million (+1% q-o-q) and B2C PLN153 million (-2% q-o-q), with the company Petrotel contributing PLN6 million.

EBITDA amounted to PLN94 million (+1% q-o-q) and adjusted profit of the Netia Group was PLN18.8 million.

The latter figure was up from PLN11.7 million three months earlier and PLN17.7 million in Q3 2017.

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Filed Under: Central & East Europe, Newsline Tagged With: Netia, Poland Edited: 29 October 2018 08:20

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