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Netia enjoys steady growth

August 13, 2020 08.09 Europe/London By Chris Dziadul

Poland’s leading alternative telco Netia ended the second quarter with 263,071 TV services RGUs.

This was 9,012 (3%) more than the three months earlier and up from 225,874 in the corresponding period last year.

Meanwhile, its broadband service RGU total at the end of June was, at 604,314, practically unchanged on three months earlier and up from 593,925 in Q2 2019.

Netia had revenues of PLN326,690,000 (€74,127,100) in Q2, or 0.3% more than in the corresponding period last year.

EBITDA amounted to PLN116,099,000 and standalone profit PLN14,686,000 in Q2.

CAPEX in Q2 was PL88,000,000 and at the end of the quarter Netia had 1.6 million lines allowing for the provision of services at up to 1Gbps.

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Filed Under: Central & East Europe, Newsline Tagged With: Netia, Poland Edited: 13 August 2020 08:09

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