Poland’s leading alternative telco Netia ended the third quarter with 267,000 B2C subscribers to its TV services.
This, according to the company in its latest set of results, was 17% more than a year earlier. It also had 564,000 broadband internet subscribers. Nearly two-thirds (60%) of all Netia’s services, and 75% of broadband services, were delivered on the company’s own networks.
The company invested PLN265 million (€58.8 million) in the first nine months of this year, up from PLN236 million in the corresponding period in 2019. Its debts as of September 30 stood at PLN548 million.
Netia’s revenues in Q3 amounted to PLN315 million, down 1% on the same period last year. EBITDA was PLN113 million (-6%) and consolidated net profit PLN11.3 million, down from PLN21.2 million in Q3 2019.
